2195 Britannia Blvd - Distribution CONDO FOR SALE


San Diego, CA 92154- Otay Mesa
$2,799,900 USD
858-210-8282
2195 Britannia Blvd, San Diego, CA for Sale
$2,799,900 USD
Distribution CONDO - FOR SALE
1/11
null | 5.66% Cap Rate

2195 Britannia Blvd
San Diego, CA 92154
Otay Mesa


HIGHLIGHTS

  • Private Restroom
  • Modern Industrial Specifications Dock-high and grade-level loading, approximately 28’ clear height, 3-phase power, fire sprinklers, skylights, and AC
  • 3 Loading Docks
  • High-Demand Otay Mesa Location (92154) Core industrial submarket serving cross-border trade with consistently low vacancy.
  • Scarce Industrial Condo Ownership Limited supply of industrial condos in San Diego County supports long-term value and liquidity.
  • Office Space

OVERVIEW

Property Highlights The property is 100% but has option for Owner-User to take over space. Recommended to get a new tenant. NNN Lease Structure Tenant reimburses operating expenses, minimizing landlord responsibilities and expense exposure. Strong In-Place Income with Growth Annual base rent of $158,496 with 3% annual rent escalations. Long-Term Lease Security Lease in place through September 30, 2029, plus one (1) five-year renewal option. Functional 8,000 SF Industrial Condo Efficient warehouse layout well suited for logistics, distribution, and light manufacturing users. Modern Industrial Specifications Dock-high and grade-level loading, approximately 28’ clear height, 3-phase power, fire sprinklers, skylights, AC, and 24-hour access. High-Demand Otay Mesa Location (92154) Core industrial submarket serving cross-border trade with consistently low vacancy. Scarce Industrial Condo Ownership Limited supply of industrial condos in San Diego County supports long-term value and liquidity.

FOR SALE DETAILS

PRICE

$2,799,900 USD

PRICE/SF

$350 USD /SF

CAP RATE

5.66%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Phase II - Bldg. 8

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

78,091 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

122

LAND DETAILS

LAND ACRES

4.22 AC

LAND SF

183,823 SF

ZONING

IBT-1-1

APN/PARCEL ID

646-110-48-08

ASK ABOUT THIS PROPERTY

Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.