9690 Black Mtn Rd 94 San Diego, CA 92126-4509
This exceptional investment opportunity presents a 3,100 square foot warehouse building situated on a 1.1-acre lot in San Diego, California, at 9690-9694 Black Mountain Road, zip code 92126. The property boasts a compelling net lease structure, offering a strong 6.5% cap rate with a lease extending through February 1, 2029. The warehouse features 18-foot ceilings, providing ample vertical space, and a flexible design incorporating approximately 30% office space and 70% warehouse space. Three truck doors are included, two of which offer drive-thru functionality, enhancing operational efficiency. The property also benefits from fleet-fueling capacity and abundant power, catering to diverse operational needs. The flexible zoning allows for adaptability to various business requirements. Convenient ingress and egress are facilitated by access from two streets, and the property's location at a high-traffic, signalized intersection ensures excellent visibility and accessibility. The asking price is $4,865,000, translating to $1,569.35 per square foot. This is a truly unique opportunity to acquire a well-positioned, income-producing industrial asset in a desirable San Diego location.
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Southern California Fleet Services INC. Auto Repair Shop
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Systemsmith (Bike/Boat/Book/etc) Store Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.