2640 Progress St, Vista, CA
33,804 SF headquarters/manufacturing facility on 1.76 acres.
- Added:
- Jan 16, 2025
- Days on Market:
- 517
- Last Refresh:
- May 20 at 8:40 pm
Property Features for 2640 Progress St
General Information
- Standard status
- Active
- Size
- 33,804 SF
- Lot size
- 1.77 Acres
- Property subtype
- INDUSTRIAL
Listing agent Barry Hendler (760) 845-3854
Listing office Lee & Associates | North San Diego County (760) 845-3854
Listing date Jan 16, 2025
Source Moodyscre
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
HighLights
- Outstanding 33,804 SF headquarters/manufacturing facility on 1.76 acres
- Divisible to ±15,000 -20,000 SF
- Benefit from 28’ clear height
- 5,254 SF of high‑end HVAC office area
- Features both dock and grade level loading
- Close proximity to Palomar Airport Road and Hwy‑78
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vista
- County
- San Diego
- State
- California
- Longitude
- -117.222
- Latitude
- 33.1448
