955 S Andreasen Dr - Manufacturing FOR SALE


Escondido, CA 92029- Vineyard
$4,995,000 USD
858-546-2694
955 S Andreasen Dr, Escondido, CA for Sale
$4,995,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

955 S Andreasen Dr
Escondido, CA 92029
Vineyard


HIGHLIGHTS

  • HIGH-IMAGE INDUSTRIAL OWNER-USER OPPORTUNITY
  • EXTREMELY STRONG MARKET FUNDAMENTALS SUPPORTING UPSIDE / NOI INCREASE
  • AMENITY-RICH LOCATION IN NORTH SAN DIEGO

OVERVIEW

HIGH-IMAGE INDUSTRIAL OWNER-USER OPPORTUNITY * 18,900-SF industrial warehouse with “turnkey” interiors, including 20-foot clear warehouse area, plentiful offices, and rooftop solar. * 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. * BONUS DEPRECIATION ADVANTAGE: Given the new tax legislation passed July 2025, a buyer would not have any occupancy cost in the first year given the estimated depreciation benefits providing an approximate $20,981 monthly tax savings or loss carry forward (See Lease vs. Own Analysis on page 33 of OM). EXTREMELY STRONG MARKET FUNDAMENTALS SUPPORTING UPSIDE / NOI INCREASE * The greater Escondido industrial market has one of the lowest vacancy rates in all Southern California currently sitting at only 1.0%. This submarket has the lowest vacancy within all North County San Diego comprising of over 51M SF of industrial product. * Within the greater Escondido market, “Low Finish Industrial” within Escondido also has a vacancy rate of 1.0%. AMENITY-RICH LOCATION IN NORTH SAN DIEGO * Escondido is strategically located at the intersection of the SR-78 and I-15 and provides convenient access to both North County San Diego and Central San Diego along the I-15 corridor. For this reason, Escondido is highly sought after for regional North County tenants wanting to open one location to service both markets. * North County San Diego is the place where innovation meets lifestyle. From tech startups to life sciences to manufacturing, the 78 Corridor attracts top talent and continues to grow. Escondido is centrally located in between Carlsbad and Rancho Bernardo, two of the highest concentrations of STEM workforce in the county.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

IP, Escondido

APN/PARCEL ID

232-051-39

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.