M-2 Industrial Warehouse
For Sale
Contact for pricing
Pending
1120-1140 Simpson Way, Escondido, CA 92029
Three-building industrial complex in M-2 zoning with 16 to 18-foot clear heights and outdoor storage eligibility.
Property Size20,420 SF
Days on Market136
Property Features for 1120-1140 Simpson Way
General Information
Standard status
Pending
Size
20,420 SF
Property subtype
Industrial
Zoning
M-2
Occupancy
20%
Financials
Cap Rate
9.67%
Business Included
Yes
Additional Details
Clear Height
18 ft
Listing Agency:
Kidder Mathews Carlsbad
Listed By:
Jim Benson · License #CA 01204845
(442) 287-8203
Source:
Crexi
Added: Apr 23
Changed: Sep 4
Last Checked: Sep 1 at 6:32PM
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 Kidder Mathews Carlsbad
Investment Insights
Based on property information with market context.
Industrial warehouse complex in Escondido, CA featuring three separate buildings totaling 20,420 SF (4,000 SF, 12,560 SF, and 3,860 SF). Clear height ranges from 16' to 18' across the buildings, supporting heavier industrial activity and outdoor storage uses permitted under M-2 zoning.
The two larger buildings are currently vacant, while the 4,000 SF building is leased for $3,500/month for another month; the data notes market rent should be $5,000/month. The offering also includes an Auto Park freeway sign generating $2,847/month with 6% increases every two years. A $500,000 sign renovation was completed in 2017, and there are eight years remaining on the lease, with two additional 10-year lease extension options.
Zoning is M-2, and the complex is comprised of multiple structures intended for industrial operation under heavier use parameters, with outdoor storage supported by zoning.
The two larger buildings are currently vacant, while the 4,000 SF building is leased for $3,500/month for another month; the data notes market rent should be $5,000/month. The offering also includes an Auto Park freeway sign generating $2,847/month with 6% increases every two years. A $500,000 sign renovation was completed in 2017, and there are eight years remaining on the lease, with two additional 10-year lease extension options.
Zoning is M-2, and the complex is comprised of multiple structures intended for industrial operation under heavier use parameters, with outdoor storage supported by zoning.
Key Highlights
- Auto Park Freeway Sign generates $2,847/month with 6% increases every 2 years; priced at a 9.67% cap rate.
- $500,000 sign renovation completed in 2017; 8 years remaining on the lease with (2) 10‑year lease extensions.
- Three industrial buildings totaling 20,420 SF (4,000 SF, 12,560 SF, and 3,860 SF).
Property Analytics
Current Use
Lease Details
18 ft
Clear height
19.6%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 92029, CA
21,236
Population
7,976
Households
2.7
Avg Household Size
44
Median Age
47%
College-Educated
91%
High-School Grad
22.6 sq mi
ZIP Area
940
Density / Sq Mi
$120,038
Median Household Income
$60,558
Median Earnings
$2,232
Median Rent
$911,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Three-building industrial complex in M-2 zoning with 16 to 18-foot clear heights and outdoor storage eligibility.
Where is this manufacturing property located?
The property is located at 1120-1140 Simpson Way Escondido, CA.
What are key features of this property?
This property features: Auto Park Freeway Sign generates $2,847/month with 6% increases every 2 years; priced at a 9.67% cap rate.; $500,000 sign renovation completed in 2017; 8 years remaining on the lease with (2) 10‑year lease extensions.; Three industrial buildings totaling 20,420 SF (4,000 SF, 12,560 SF, and 3,860 SF).
