Flex R&D Building For
For Sale
Contact for pricing
10225 Willow Creek Rd, San Diego, CA
Flex R&D building with 29,143 to 45,976 SF available.
Property Size75,119 SF
Lot Size4.64 Acres
Price / SF$280
Days on Market385
Property Features for 10225 Willow Creek Rd
General Information
Standard status
Active
Size
75,119 SF
Lot size
4.64 Acres
Property subtype
FLEX_R_AND_D
Properties For Sale
at 10225 Willow Creek Rd Contact us- Floor
- 1
- Size
- 45,976 SF
- Type
- FLEX_R_AND_D
- Availability
- AVAILABLE, Now
- Sublease
- No
LG Infocomm Bldg
- Now available for lease, flex R&D LG Infocomm Bldg located at 10225 Willow Creek...
show more
Contact us
- Floor
- 2
- Size
- 29,143 SF
- Type
- FLEX_R_AND_D
- Availability
- AVAILABLE, Now
- Sublease
- No
LG Infocomm Bldg
- Now available for lease, flex R&D LG Infocomm Bldg located at 10225 Willow Creek...
show more
Contact us
Listing Agency:
JLL | San Diego
(858) 410-1200
Listed By:
Tim Olson · License #1364117
(858) 410-1253
Source:
Moodyscre
Added: Aug 21, 2025
Changed: Sep 5
Last Checked: Sep 8 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | San Diego
Investment Insights
Based on property information with market context.
A flex R&D LG Infocomm Building is now available for sale. The property offers available square footage ranging from 29,143 to 45,976 square feet. The property is located at 10225 Willow Creek Rd, San Diego, California 92131. The property has a total size of 75,119 square feet.
Key Highlights
- Flex R&D space available for lease.
- Located at 10225 Willow Creek Rd, San Diego, California 92131.
- Located in the LG Infocomm Bldg.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,089,826
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,796,520
$21.8M
Cap Rate 7%
$15,568,943
$15.6M
Cap Rate 9%
$12,109,178
$12.1M
Market Conditions
NOI Build-Up for 75,119 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.80M $24.00/SF
− Vacancy
−$126.2K −$1.68/SF
EGI
$1.68M $22.32/SF
− OpEx
−$586.8K −$7.81/SF
NOI
$1.09M $14.51/SF
Area
San Diego, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,796,520
Cap Rate 7%
$15,568,943
Cap Rate 9%
$12,109,178
Alternative Uses
Best Use
Flex RnD
$15.57M
$13.62M – $18.16M
NOI $1,089,826 @ 7.0% cap · market cap 5.18%
Second Best
Industrial
$12.69M
$11.10M – $14.81M
NOI $888,384 @ 7.0% cap · market cap 4.22%
Theoretical Best
Specialty Retail
$29.67M
$25.96M – $34.61M
NOI $2,076,890 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
916
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in San Diego, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex R&D building with 29,143 to 45,976 SF available.
Where is this flex space located?
The property is located at 10225 Willow Creek Rd San Diego, CA.
What is the asking price?
The asking price for this property is $21,033,320.
What are key features of this property?
This property features: Flex R&D space available for lease.; Located at 10225 Willow Creek Rd, San Diego, California 92131.; Located in the LG Infocomm Bldg.
