Single-Story Office Building with
For Sale
Contact for pricing
12220 World Trade Dr, San Diego, CA 92128
Single-story office building with mezzanine space on a business park corner near I-15 and major retail amenities.
Property Size51,027 SF
Price / SF$351.77
Days on Market592
Property Features for 12220 World Trade Dr
General Information
Standard status
Active
Size
51,027 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
1
Building Size
51,027 SF
Listing Agency:
CBRE | San Diego
(858) 546-4678
Listed By:
Bill Dolan · License #01784736
Source:
Moodyscre
Added: Dec 18, 2024
Changed: Jul 31
Last Checked: Aug 2 at 7:45AM
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 CBRE | San Diego
Investment Insights
Based on property information with market context.
12220 World Trade Dr is a 51,027-square-foot, single-story office building with mezzanine space, formerly used as a corporate headquarters. The facility sits on a corner location at the entrance to a business park, supporting straightforward vehicular access for occupants and visitors.
The property is located less than 1 mile from Interstate 15, placing it in the I-15 Corridor’s largest retail hub. The building’s corner positioning at the business park entrance provides convenient access to over 1.2M SF of retail amenities.
This combination of single-story office layout, mezzanine space, and close-in freeway adjacency may fit a range of office users seeking efficient day-to-day access within a retail-oriented environment.
The property is located less than 1 mile from Interstate 15, placing it in the I-15 Corridor’s largest retail hub. The building’s corner positioning at the business park entrance provides convenient access to over 1.2M SF of retail amenities.
This combination of single-story office layout, mezzanine space, and close-in freeway adjacency may fit a range of office users seeking efficient day-to-day access within a retail-oriented environment.
Key Highlights
- 51,027‑square‑foot, single‑story office building with mezzanine space
- Corner location at the entrance to the business park
- Less than 1 mile to Interstate 15
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 | $1.53M | $30.00 |
| − Vacancy | −$217.4k | −$4.26 |
| EGI | $1.31M | $25.74 |
| − OpEx | −$328.4k | −$6.44 |
| NOI | $985.1k | $19.31 |
51,027 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$14.07M
$12.31M – $16.42M
NOI $985,076 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$20.15M
$17.63M – $23.51M
NOI $1,410,794 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 92128, CA
49,083
Population
21,308
Households
2.3
Avg Household Size
45
Median Age
64%
College-Educated
97%
High-School Grad
11.7 sq mi
ZIP Area
4,195
Density / Sq Mi
$128,150
Median Household Income
$80,723
Median Earnings
$2,760
Median Rent
$875,400
Median Home Value
Market
Vacancy Rate% for Office in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with mezzanine space on a business park corner near I-15 and major retail amenities.
Where is this office building located?
The property is located at 12220 World Trade Dr San Diego, CA.
What is the asking price?
The asking price for this property is $17,950,000.
What are key features of this property?
This property features: 51,027‑square‑foot, single‑story office building with mezzanine space; Corner location at the entrance to the business park; Less than 1 mile to Interstate 15
