1600 Pacific Hwy, San Diego, CA 92101-2429

Exceptional investment opportunity: a 35,000-square-foot industrial property in San Diego, CA, encompassing distribution, flex, and warehouse space. This single-tenant, gross lease property sits on a 1.25-acre lot at 1600 Pacific Hwy, 92101. The asking price is $3,990,000, representing a price per square foot of $114 and a 7.60% cap rate. The facility boasts advanced technologies, including state-of-the-art lighting, premium water purification, and oxygenation systems, designed for high-efficiency production. Its strategic San Diego location offers optimal growing conditions and a central distribution hub for Southern California and beyond. Previously used for cannabis cultivation and distribution, this adaptable space presents significant potential for various industrial uses. The property's high-capacity design and efficient layout make it an attractive investment for discerning buyers seeking a strong return. Annual production previously exceeded 6,000 pounds of high-quality cannabis. This property is ready for immediate occupancy.