Flex Warehouse with Office
2598 Fortune Way Vista, CA 92081
For Sale
Contact for pricing
Includes reception, conference room, private offices, and open area plus a small warehouse with bonus mezzanine.
Property Size1,741 SF
Price / SF$390
Days on Market479
Property Features for 2598 Fortune Way
General Information
Standard status
Active
Size
1,741 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates | North San Diego County
(760) 845-0311
Listed By:
Stephen Crockett · License #01027524
(760) 845-0311
Source:
Moodyscre
Added: Apr 7, 2025
Changed: Jul 26
Last Checked: Jul 28 at 1:11PM
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 flex warehouse setup features a reception area, conference room, four (4) private offices, and an open work area. The interior also includes a restroom with shower. The warehouse component includes a small warehouse space with a bonus mezzanine and one (1) grade level door.
Located at 2598 Fortune Way in Vista, CA 92081, this property combines office and warehouse space in one facility, making it well suited for uses that benefit from both front office amenities and functional storage or light industrial space.
Located at 2598 Fortune Way in Vista, CA 92081, this property combines office and warehouse space in one facility, making it well suited for uses that benefit from both front office amenities and functional storage or light industrial space.
Key Highlights
- Reception, conference room, open area, and restroom with shower
- Four (4) private offices plus reception and conference space
- Small warehouse with a bonus mezzanine
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 | $62.7k | $36.00 |
| − Vacancy | −$9.0k | −$5.15 |
| EGI | $53.7k | $30.85 |
| − OpEx | −$13.4k | −$7.71 |
| NOI | $40.3k | $23.14 |
1,741 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$575.5K
$503.6K – $671.4K
NOI $40,285 @ 7.0% cap · market cap 5.93%
Second Best
Flex RnD
$512.7K
$448.6K – $598.1K
NOI $35,887 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$797.7K
$698.0K – $930.6K
NOI $55,837 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Flavor Chef Catering — 1175 Park Center Dr, Vista, CA 92081
- Pacific Isle Catering — 2515 Pioneer Ave Suite# 117, Vista, CA 92081
- Out of the Blue Catering — 2515 Pioneer Ave, Vista, CA 92081
- Holy Smoke BBQ Specials — 1237 Green Oak Rd, Vista, CA 92081
- Passion Licious / Taste of Spain — 2515 Pioneer Ave, Vista, CA 92081
Frequently Asked Questions
What type of property is this?
Flex space - Includes reception, conference room, private offices, and open area plus a small warehouse with bonus mezzanine.
Where is this flex space located?
The property is located at 2598 Fortune Way Vista, CA.
What is the asking price?
The asking price for this property is $678,990.
What are key features of this property?
This property features: Reception, conference room, open area, and restroom with shower; Four (4) private offices plus reception and conference space; Small warehouse with a bonus mezzanine
