225 W 30th - Manufacturing FOR SALE


National City, CA 91950
$12,775,000 USD
858-546-2694
225 W 30th, National City, CA for Sale
$12,775,000 USD
Manufacturing - FOR SALE
1/7
null | Request Cap Rate

225 W 30th
National City, CA 91950


OVERVIEW

FREEWAY ADJACENT NATIONAL CITY INDUSTRIAL OWNER/USER OPPORTUNITY WITH YARD Exceptional Location: ±46,454 SF industrial building on oversized 2.29-acre parcel situated between the Chula Vista Bayfront Development and Downtown San Diego. Industrial Outdoor Storage & Excess Yard: The ±2.29 acre site boasts significant extra yard space suitable for outdoor storage which is in short supply in South San Diego. Solar: This is one of the few National City buildings to have solar providing a significant reduction in occupancy costs. Current owner is saving approximately $10,000/month in electrical savings. These solar panels are producing roughly 342.31 MWh/Yr, since being installed in 2022. Significant Power: The building has 1800 AMPS and 480v with conduit for 4,000 AMPS, making the building suitable for the heaviest of power users. Newer Roof: High-performance silicone coating applied in August 2020 with 19 years of warranty remaining. The silicone coating provides durable, seamless waterproofing and UV protection and acts as a long-lasting barrier, reflective shield that withstands extreme temperatures, ponding water, and chemical exposure. Small Leaseback Option / Reduce Occupancy Costs: Current owner is potentially willing to leaseback a small portion of the building (see proposed location on P.21), which would help reduce occupancy costs. This is not mandatory, but rather an option should this benefit a buyer. Owner User Advantages: This is an ideal corporate headquarters investment that provides an attractive lease-savings tradeoff. As opposed to leasing space, purchasing this property can provide protection against future rental market uncertainty and interest rate hikes, offering occupancy control, tax benefits, and after-tax equity accumulation. For example, ownership for a user could provide approximately $40,413/month tax savings or loss carry forward. See own vs. lease analysis P35. The property is ideal for industrial users due to its location in the submarket and its adjacency to San Diego’s busiest freeways I-5, 805 and 54. This location provides excellent access to Downtown San Diego, the San Diego seaport harbor, Naval Yards, and industrial distribution centers of northern Baja, Mexico.

FOR SALE DETAILS

PRICE

$12,775,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.2

LAND SF

95,832

ZONING

CAPD, National City

APN/PARCEL ID

562-150-15

ASK ABOUT THIS PROPERTY

Casey SterkCBREMore Info
858-546-2694

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Casey SterkCBREMore Info
858-546-2694

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