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Financial
Distress signals
Property profile

5740 Fleet St Carlsbad, CA 92008

FOR LEASE
Retail space
Property ID
US09-9769416
84,000 SF 5.77 ac lot Built 2000
Last sale Feb 2026 · $30,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Carlsbad office property, known as The Quad, presents a unique investment opportunity. Comprising four buildings totaling 132,648 square feet, this property offers a diverse range of spaces to suit various business needs. The flexible layout allows for leases ranging from a minimum of 1,253 square feet to a maximum contiguous space of 49,095 square feet, catering to both small startups and large corporations. Currently, a significant portion of the space, 132,639 square…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$252k
Tax billed · 2024
Assessed value$23.65M
Assessed land$11.16M
Assessed improvement$12.49M
Effective rate1.07%

Value estimate

· Oct 2026
$30.14M
$27.12M – $33.15M
CAP approach$23.21M
Submarket $/SF estimate$37.34M
NOI build-up
Gross scheduled income$137k
Vacancy & credit loss−$18k
Operating expenses−$30k
NOI · 232,596.35% cap applied$89k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$583/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$251 – $883
Qualifying comparables3

Cap rate analysis

How does the asset earn?
232,596.35%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.8
HVAC Service12.6
Garden Center12.0

Location

5740 Fleet St Carlsbad, CA 92008
County assessor Recorded deeds · 13 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3150 El Camino Real, Carlsbad, CA 92008-2110 $3,900,000 Jan 2026 13,122 SF
1903 Wright, Carlsbad, CA 92008-5526 $23,000,000 Feb 2025 52,000 SF
2725 Jefferson, Carlsbad, CA 92008-1705 $5,900,000 Jan 2025 21,240 SF
2231 Rutherford, Carlsbad, CA 92008-8811 $6,200,000 Jul 2024 38,677 SF
5973 Avenida Encinas, Carlsbad, CA 92008-4476 $9,750,000 May 2024 51,695 SF
5055 Avenida Encinas, Carlsbad, CA 92008-4375 $2,050,000 Feb 2024 20,375 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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