8753 Kerns St - Warehouse FOR SALE


San Diego, CA 92154- Otay Mesa
$13,388,625 USD
858-527-2727
8753 Kerns St, San Diego, CA for Sale
$13,388,625 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

8753 Kerns St
San Diego, CA 92154
Otay Mesa


HIGHLIGHTS

  • 60k SF Vacant Industrial with Yard | Otay Mesa | San Diego
  • Rare Heavy-Power Owner/User Industrial in Otay Mesa
  • Premier Crane-Service and 3,000 Amp Power Infrastructure
  • Three Freeway Access to Two Border Crossings | I-5, I-805, SR-905

OVERVIEW

RARE HEAVY-POWER OWNER/USER INDUSTRIAL BUILDING — OTAY MESA — Premier Crane-Served Industrial Building | A 59,505-SF single-building industrial facility on 4.24 acres in Otay Mesa, featuring 35-foot clear height and multiple in-place cranes. The combination of vertical clearance, overhead lifting capacity, and heavy-power infrastructure serves a narrow, high-demand tenant profile rarely met by competitive product in the submarket. — 3,000-Amp Power Infrastructure | The building is served by 3,000 amps of electrical power — eliminating the single-largest barrier-to-entry for heavy manufacturing, aerospace, defense, and data-intensive industrial users. Power of this magnitude is exceptionally difficult to permit and install in San Diego County, making the existing infrastructure a hard-to-replicate asset attribute. BONUS DEPRECIATION ADVANTAGE — MINIMAL OCCUPANCY COST IN YEAR 1 — Given the new tax legislation passed July 2025, a buyer would have little to no minimal occupancy costs in the first year given the estimated depreciation benefits. Assuming a buyer performs a Cost Segregation Study, a buyer could receive approximately $15,999/month in tax savings as a “loss carry forward” as illustrated in the Lease vs. Own Analysis on Page 37 of the OM. SBA financing options are available for owner-users with 10% down payment. OTAY MESA GATEWAY — CROSS-BORDER AND REGIONAL ACCESS — Direct SR-905 Access to the Otay Mesa Port of Entry | The property sits within minutes of the Otay Mesa-Mesa de Otay International Crossing via SR-905 — one of the busiest commercial truck crossings on the U.S. West Coast. This border proximity positions the asset for cross-border manufacturers, maquiladora operators, and bi-national logistics firms requiring same-day access to Tijuana and Baja California. — Three-Freeway Access to Two Border Crossings | I-5, I-805, and SR-905 provide direct connectivity to both the Otay Mesa-Mesa de Otay Commercial Crossing and the San Ysidro Port of Entry — the highest-volume land border crossing in the Western Hemisphere. This dual-crossing access enables independent routing of commercial and passenger traffic, a meaningful operational advantage for cross-border businesses. SUPERIOR SOUTH SAN DIEGO INDUSTRIAL MARKET FUNDAMENTALS — Otay Mesa Supply Constrained by Geography and Entitlement | The Otay Mesa submarket is bounded by the U.S.-Mexico border to the south and built-out uses to the north and west, creating a hard supply ceiling with limited new land to develop. Entitlement timelines for new industrial in San Diego County run well ahead of most Southern California markets, further constraining the competitive pipeline. — Replacement Cost Supports Asset Value | The combination of 3,000-amp power, 35-foot clear height, in-place bridge cranes, and excess acreage for dock or yard expansion represents an improvement package that would cost significantly more to deliver today than the current offering. High construction costs and land scarcity in Otay Mesa have driven a wide, durable gap between replacement cost and existing asset values.

FOR SALE DETAILS

PRICE

$13,388,625 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

35 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

78

LAND DETAILS

LAND ACRES

4.24

LAND SF

184,520

ZONING

IBT-1-1

APN/PARCEL ID

667-071-27

ASK ABOUT THIS PROPERTY

Matt PourchoCBRE, Inc.More Info
858-527-2727

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Matt PourchoCBRE, Inc.More Info
858-527-2727

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