Vista Headquarters/Manufacturing Facility For
For Sale
Contact for pricing
2640 Progress St, Vista, CA
33,804 SF headquarters/manufacturing facility on 1.76 acres.
Property Size33,804 SF
Lot Size1.77 Acres
Price / SF$295.82
Days on Market564
Property Features for 2640 Progress St
General Information
Standard status
Active
Size
33,804 SF
Lot size
1.77 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates | North San Diego County
(760) 845-3854
Listed By:
Barry Hendler
(760) 845-3854
Source:
Moodyscre
Added: Jan 16, 2025
Changed: Jul 6
Last Checked: Jul 21 at 7:01AM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
This is a 33,804 square foot headquarters and manufacturing facility situated on approximately 1.76 acres. The building includes 5,254 square feet of high-end HVAC office area and approximately 5,829 square feet of high-end production mezzanine. The warehouse space measures approximately 21,721 square feet, with an additional shell storage mezzanine of approximately 1,000 square feet. The facility features a 28-foot clear height, extensive glassline, and new landscaping. It is located close to Palomar Airport Road and Hwy-78. Loading is facilitated by both dock and grade-level access. The property includes an all-concrete lot and parking area. Power is supplied by a 2,000 amp electrical system with 277/480 volts. The building is divisible to approximately 15,000 to 20,000 square feet.
Key Highlights
- Outstanding 33,804 SF headquarters/manufacturing facility on 1.76 acres
- Divisible to ±15,000 -20,000 SF
- Benefit from 28’ clear height
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.22M | $36.00 |
| − Vacancy | −$174.0k | −$5.15 |
| EGI | $1.04M | $30.85 |
| − OpEx | −$260.7k | −$7.71 |
| NOI | $782.2k | $23.14 |
33,804 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$11.17M
$9.78M – $13.04M
NOI $782,191 @ 7.0% cap · market cap 7.82%
Second Best
Warehouse
$6.71M
$5.87M – $7.83M
NOI $469,619 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$15.49M
$13.55M – $18.07M
NOI $1,084,151 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - 33,804 SF headquarters/manufacturing facility on 1.76 acres.
Where is this manufacturing property located?
The property is located at 2640 Progress St Vista, CA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Outstanding 33,804 SF headquarters/manufacturing facility on 1.76 acres; Divisible to ±15,000 -20,000 SF; Benefit from **28’ clear height**
