Flex Space with Office
8550 Production Ave, San Diego, CA 92121
For Sale
New
Contact for pricing
The property combines substantial office improvements with warehouse space and grade-level loading.
Property Size5,330 SF
Price / SF$445.59
Days on Market7
Property Features for 8550 Production Ave
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Road Access
Additional Details
Tenant in Place
Property Use
Amenities
private offices
conference room
kitchen
two restrooms
bonus storage mezzanine
grade-level loading
Building Details
Buildings
Building Size
Listing Agency:
Colliers - Los Angeles - La Jolla, California
Listed By:
David Harper · License #CA 00880644
(858) 677-5335
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:36PM
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 Colliers - Los Angeles - La Jolla, California
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,330 SF flex building includes approximately 2,665 SF available at closing, with the balance leased through 2029. The available portion is configured as approximately 60% office and 40% warehouse. Office amenities include private offices, a conference room, a kitchen, and two restrooms; the space also has a storage mezzanine and grade-level loading.
The property is at 8550 Production Ave in San Diego, just off Miramar Road, with access throughout San Diego noted in the listing.
The property is at 8550 Production Ave in San Diego, just off Miramar Road, with access throughout San Diego noted in the listing.
Key Highlights
- 5,330 SF industrial building
- Approximately 2,665 SF available at closing; remaining 50% leased through 2029
- Available area is approximately 60% office and 40% warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,328
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,546,560
$1.5M
Cap Rate 7%
$1,104,686
$1.1M
Cap Rate 9%
$859,200
$859.2K
Market Conditions
NOI Build-Up for 5,330 SF
Gross rent
$127.9K $24.00/SF
− Vacancy
−$9.0K −$1.68/SF
EGI
$119.0K $22.32/SF
− OpEx
−$41.6K −$7.81/SF
NOI
$77.3K $14.51/SF
Area
San Diego, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,546,560
Cap Rate 7%
$1,104,686
Cap Rate 9%
$859,200
Alternative Uses
Best Use
Flex RnD
$1.10M
$966.6K – $1.29M
NOI $77,328 @ 7.0% cap · market cap 3.26%
Second Best
Warehouse
$1.09M
$956.8K – $1.28M
NOI $76,542 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,364 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
50%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92121, CA
4,658
Population
1,774
Households
2.6
Avg Household Size
32
Median Age
75%
College-Educated
99%
High-School Grad
12.5 sq mi
ZIP Area
373
Density / Sq Mi
$135,795
Median Household Income
$70,431
Median Earnings
$2,537
Median Rent
$1,091,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Flex space in San Diego
Vacancy Rate% for Industrial in San Diego, CA
Similar Off Market Nearby
- CowgirlQ Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
- Urban Solace Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
- Feast On This Inc — 8395 Camino Santa Fe # D, San Diego, CA 92121
- Taste of Lebanon — 6780 miramar rd, san diego, ca 92121
- The Wild Thyme Company Catering & Events — 8547 Miramar Pl, San Diego, CA 92121
Frequently Asked Questions
What type of property is this?
Flex space - The property combines substantial office improvements with warehouse space and grade-level loading.
Where is this flex space located?
The property is located at 8550 Production Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 5,330 SF industrial building; Approximately 2,665 SF available at closing; remaining 50% leased through 2029; Available area is approximately 60% office and 40% warehouse
