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    Freestanding Industrial and Office Project Title is generated by Realmo AI

    737 747 777 Windy Point Dr, San Marcos, CA 92069

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    New
    For Sale
    $13,869,000

    Fee-simple freestanding 2020 build with heavy power and modern office/warehouse space structured on NNN leases.

    Type:Retail
    Property size:
    34,319 SF
    Lot size:
    3.93 Acres
    Price / SF:
    $404/SF
    Added:
    Jun 28, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 1 at 1:56 am

    Property Features for 737 747 777 Windy Point Dr

    General Information

    Standard status
    Active
    Size
    34,319 SF
    Lot size
    3.93 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2020

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    Matthew Mousavi
    Matthew Mousavi

    Listing office SRS Industrial - Newport Beach

    Listing date Jun 28, 2026

    Source Srsre

    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 SRS Industrial - Newport Beach

    HighLights

    • 34,319 SF industrial and office building completed in 2020
    • Freestanding development on 3.93 acres in San Marcos, CA (San Diego MSA)
    • Modern office/warehouse layout with heavy power and ample parking
    • 100% leased to a diverse tenant lineup across fitness, education, and financial consulting uses
    • NNN lease structure designed to reduce potential expense slippage
    • Anchored by the University of St. Augustine for Health Sciences, serving 4,300+ students system wide

    Overview

    SRS National Net Lease is offering the fee simple (land and building) interest in Windy Point, a freestanding industrial and office project completed in 2020. The development totals 34,319 SF across 3.93 acres and is designed with modern architecture and “state-of-the-art” amenities. The configuration includes both creative office space and warehouse space, supported by heavy power and ample parking for day-to-day operations. Lease structure is described as NNN in nature, intended to reduce potential expense slippage for a future owner.

    Windy Point is located in San Marcos, California within the San Diego MSA. The property is 100% leased to a diverse tenant lineup described as e-commerce resistant, with uses including fitness, education, and financial consulting among others. The center is anchored by the University of St. Augustine for Health Sciences, a nationally accredited health sciences university serving approximately 4,300+ students system wide.

    This offering may appeal to buyers seeking a newer, purpose-built industrial and office asset with both warehouse and office components, heavy power, and on-site parking, combined with an NNN lease structure. With occupancy already established through a varied tenant mix, the property presents a straightforward platform for an owner or operator interested in a fully leased, single-site investment.

    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 $1.24M $36.00
    − Vacancy −$176.7k −$5.15
    EGI $1.06M $30.85
    − OpEx −$264.7k −$7.71
    NOI $794.1k $23.14
    34,319 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $11.34M
    $9.93M – $13.24M (±1% cap)
    NOI $794,107 @ 7.0% cap · market cap 5.73%
    Second Best
    Flex RnD
    $10.11M
    $8.84M – $11.79M (±1% cap)
    NOI $707,404 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    Office A
    $15.72M
    $13.76M – $18.34M (±1% cap)
    NOI $1,100,668 @ 7.0% cap · market cap 7.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Genesis Fitness Training Gym & Fitness Center MOA Fitness Gym & Fitness Center Process Performance Gym & Fitness Center Optimum Performance Physical ... Medical Clinic Champions Keep Training Center

    Suggested Use

    Spa & Massage Center Hair Salon Pharmacy Skin Care Clinic Nail Salon Restaurant Bar & Pub (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tina's Deli 760 N Twin Oaks Valley Rd # D, San Marcos, CA 92069

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.1661198
    Latitude
    33.1517362

    FAQs

    What type of property is this?
    Flex space - Fee-simple freestanding 2020 build with heavy power and modern office/warehouse space structured on NNN leases.
    Where is this flex space located?
    The property is located at 737 747 777 Windy Point Dr San Marcos, CA.
    What is the asking price?
    The asking price for this property is $13,869,000.
    What are key features of this property?
    This property features: 34,319 SF industrial and office building completed in 2020; Freestanding development on 3.93 acres in San Marcos, CA (San Diego MSA); Modern office/warehouse layout with heavy power and ample parking
    More about this property
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