Carlsbad Manufacturing Industrial
For Sale
Contact for pricing
1675 Faraday Avenue, Carlsbad, CA 92008
Manufacturing industrial building in premier Carlsbad Research Center.
Property Size77,699 SF
Price / SF$262.50
Days on Market158
Property Features for 1675 Faraday Avenue
General Information
Standard status
Active
Size
77,699 SF
Class
A
Total Parking Spaces
236
Property subtype
Industrial
Zoning
C-M / OS –Heavy Commercial
Occupancy
100%
Investment Type
Sale/Leaseback
Building Details
Year Built
1998
Buildings
1
Stories
2
Units
236
Tenancy
Single
Listing Agency:
CBRE - San Diego
Listed By:
Matt Pourcho · License #CA 01705763
(858) 546-4622
Source:
Crexi
Added: May 13
Changed: Oct 8
Last Checked: Oct 16 at 8:33AM
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
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Investment Insights
Based on property information with market context.
This manufacturing industrial building is situated in the Carlsbad Research Center, a premier business park environment in North County. The Carlsbad industrial manufacturing vacancy rate is currently a low 4.6%. The location offers an irreplaceable coastal setting within Carlsbad, which boasts a concentration of credit tenants due to its coastal location and quality of life. The building is surrounded by recognizable companies such as Callaway Golf, Titleist, Taylor Made, Thermo Fisher Scientific, Novartis, Arrowhead Insurance, Mercedes Benz, Reef, Puma and ViaSat. Located across from the 600,000 square foot Thermo Fisher Scientific campus and other life science and medical device neighbors, the buildings offer reposition opportunities and flexibility given the diverse tenant demand and strong corporate neighbors within the CRC. The property has easy access to Palomar Airport Road, Carlsbad’s largest east-west thoroughfare, which averages over 32,000 cars per day. It is also located 2.3 miles from Interstate 5, providing access to Southern California. The overall North County industrial market remains healthy with a 5.5% vacancy rate, while manufacturing industrial buildings have an even lower vacancy rate at 4.5%. The property size is 77699 square feet.
Key Highlights
- Irreplaceable coastal location in Carlsbad Research Center business park.
- Strong corporate neighbors including Thermo Fisher Scientific, Callaway Golf, and Titleist.
- Low Carlsbad industrial manufacturing vacancy rate of 4.6%.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$963,637
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,272,740
$19.3M
Cap Rate 7%
$13,766,243
$13.8M
Cap Rate 9%
$10,707,078
$10.7M
Market Conditions
NOI Build-Up for 77,699 SF
Gross rent
$1.43M $18.36/SF
− Vacancy
−$49.9K −$0.64/SF
EGI
$1.38M $17.72/SF
− OpEx
−$413.0K −$5.32/SF
NOI
$963.6K $12.40/SF
Area
Carlsbad, CA
Vacancy
3.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,272,740
Cap Rate 7%
$13,766,243
Cap Rate 9%
$10,707,078
Alternative Uses
Best Use
Industrial
$13.77M
$12.05M – $16.06M
NOI $963,637 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$28.55M
$24.98M – $33.31M
NOI $1,998,742 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Demographics for 92008, CA
27,282
Population
13,102
Households
2.1
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
10.4 sq mi
ZIP Area
2,623
Density / Sq Mi
$105,371
Median Household Income
$55,965
Median Earnings
$2,343
Median Rent
$1,142,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing industrial building in premier Carlsbad Research Center.
Where is this manufacturing property located?
The property is located at 1675 Faraday Avenue Carlsbad, CA.
What is the asking price?
The asking price for this property is $20,396,000.
What are key features of this property?
This property features: Irreplaceable coastal location in Carlsbad Research Center business park.; Strong corporate neighbors including Thermo Fisher Scientific, Callaway Golf, and Titleist.; Low Carlsbad industrial manufacturing vacancy rate of 4.6%.
