7,727 SF Freestanding Office | Owner-User or Investment Opportunity | Flexible Occupancy
Tim Lopez Group is pleased to present the exclusive opportunity to acquire 3164 Lionshead Avenue, Building 4, a 7,727 SF freestanding office building located in the prestigious Carlsbad Raceway Business Park. This property offers a unique dual-path strategy: it is currently 50% leased to Trillium 52, generating stable income, yet with only 60 days’ notice, a new owner-user could occupy the entire building. This combination of income security and future user flexibility makes Building 4 a rare find in North County.
PREMIER BUILDING FEATURES
3164 Lionshead Avenue, Building 4 is a single-story, modern office building designed for functionality, comfort, and professional image. Constructed in 2007, the building has been meticulously maintained and is in turnkey condition. The property offers 25 parking spaces (4.0/1,000 SF), ensuring ample availability for employees and visitors.
The building design allows for both open-plan and private office configurations, making it ideal for professional services, technology firms, medical-adjacent users, or creative office concepts. Abundant natural light fills the space through large windows, while the surrounding landscaped business park and canyon views create a workplace environment that inspires productivity and wellness.
CURRENT TENANCY & FLEXIBILITY
The building is 50% leased to Trillium, a tenant that has occupied since October 2022. Their presence provides cash flow stability while leaving 50% of the building available for immediate owner-user occupancy.
Importantly, the lease with Trillium includes a 60-day termination flexibility. With notice, a new buyer can take control of the entire 7,727 SF for their own operations. This means an owner-user is not bound by long-term lease restrictions, and instead has the option to occupy the property in phases or in full, depending on their growth needs.
For investors, this provides optionality: maintain Trillium in place to offset costs, or strategically reposition the asset for a full-building user at market rents.
LOCATION ADVANTAGES
Carlsbad has established itself as one of Southern California’s premier office submarkets, attracting industries ranging from technology to life sciences to professional services.
3164 Lionshead Avenue sits within the Carlsbad Raceway Business Park, providing excellent connectivity and high visibility. The property benefits from:
*Freeway Access: Immediate connections to Interstate 5 and Highway 78
*Airport Proximity: Minutes from McClellan-Palomar Airport
*Major Arterials: Melrose Drive, Palomar Airport Road, and Business Park Drive provide direct access
*Amenities: Close to Bressi Ranch Village Center, Palomar Commons, Legoland, The Crossings Golf Course, and a wide range of retail and dining options
*Corporate Neighbors: ViaSat, UPS, Amazon, Tesla Motors, Berg Electric, Aethercomm, and other leading firms
With its coastal location, highly skilled labor pool, and executive housing, Carlsbad continues to be a magnet for top-tier employers and growing companies
PRICING & OFFERING PROCESS
This property is being offered unpriced. For guidance on pricing, prospective purchasers are encouraged to contact the listing broker directly. All written offers will be presented promptly to the Seller for review and consideration.