San Diego Flex/Industrial
For Sale
Contact for pricing
8606 Commerce Ave, San Diego, CA
4,939 SF flex/industrial space suitable for multiple occupants.
Property Size4,939 SF
Lot Size0.11 Acres
Price / SF$384.69
Days on Market567
Property Features for 8606 Commerce Ave
General Information
Standard status
Active
Size
4,939 SF
Lot size
0.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates | San Diego
(858) 230-1166
Listed By:
Paul Britvar · License #01949354
(858) 230-1166
Source:
Moodyscre
Added: Jan 9, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:22AM
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 | San Diego
Investment Insights
Based on property information with market context.
This approximately 4,939 square foot flex/industrial property is an end-cap unit featuring 16-foot ceilings. The space is configured with 15% office area and 85% industrial area. The property is divisible for two occupants, potentially providing income to offset mortgage costs. The association fees are $350 per month.
Key Highlights
- Divisible for two occupants (providing buyers with income to offset mortgage costs)
- Approximately 4,939 SF of space
- Benefit from the 16’ ceilings
Financial Insights For Flex RnD
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 | $118.5k | $24.00 |
| − Vacancy | −$8.3k | −$1.68 |
| EGI | $110.2k | $22.32 |
| − OpEx | −$38.6k | −$7.81 |
| NOI | $71.7k | $14.51 |
4,939 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.02M
$895.7K – $1.19M
NOI $71,655 @ 7.0% cap · market cap 3.77%
Second Best
Industrial
$834.4K
$730.1K – $973.5K
NOI $58,410 @ 7.0% cap · market cap 3.07%
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,553 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,636
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in San Diego, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Feast On This Inc — 8395 Camino Santa Fe # D, San Diego, CA 92121
- The Wild Thyme Company Catering & Events — 8547 Miramar Pl, San Diego, CA 92121
- CowgirlQ Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
- Taste of Lebanon — 6780 miramar rd, san diego, ca 92121
- Urban Solace Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
Frequently Asked Questions
What type of property is this?
Flex space - 4,939 SF flex/industrial space suitable for multiple occupants.
Where is this flex space located?
The property is located at 8606 Commerce Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Divisible for two occupants (providing buyers with income to offset mortgage costs); Approximately 4,939 SF of space; Benefit from the 16’ ceilings
