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INVESTMENT HIGHLIGHTS
- Purchase a flex property strategically designed for diverse uses such as office, lab, manufacturing, R&D, and warehouse.
- 10225 Willow Creek Road has HVAC, a hydraulic elevator, and upgraded power capacity from 2,000 to 4,000 amps with a backup generator.
- Many amenities surround the facility, such as Todo Sushi, Starbucks, Vons, Jamba Juice, The Home Depot, Ulta Beauty, Wells Fargo, and Trader Joe's.
- Experience convenient connections throughout the greater San Diego area with immediate access to Interstates 15, 8, and 805.
EXECUTIVE SUMMARY
10225 Willow Creek has a slew of building specs to help with more efficient manufacturing productions. A new 4,000-amp electrical service was installed with all new transformers (480/277 volts) and switchgear. Plus, the site is permitted and ready for up to a 2-megawatt generator, pending tenant requirements. Along with the upcoming renovations, this project will be prepared to support mechanical units for lab and manufacturing use. The facility's clear height varies from 12- to 15-foot clearance, and may be able to accommodate some full building height (28-foot) uses. There are six dock-high positions served by two drive-in doors. Other site features include ample parking with 133 surface spots and 22 carport stalls, plus a hydraulic elevator installed in 2014.
Located in the thriving Scripps Ranch submarket and surrounded by top talent, 10225 Willow Creek is neighbored by an array of corporate neighbors, including June Shine, Lockheed Martin, Iron Mountain, InnoTech Manufacturing, Apria, TechFlow, and Werfen. Drive times are desirable, as this modern building is just 14 minutes to Rancho Bernardo, 16 minutes to UTC (University Town Center), 20 minutes to Downtown and San Diego International Airport, and 25 minutes from Del Mar and La Jolla.
MATTERPORT 3D TOUR
Explore 10225 Willow Creek Road
SALE FLYER
PROPERTY FACTS
| Price | $29,360,833 CAD | No. Stories | 2 |
| Price Per SF | $390.86 CAD | Year Built/Renovated | 1979/2024 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.2/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | B | No. Dock-High Doors/Loading | 6 |
| Lot Size | 4.65 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 75,119 SF | ||
| Zoning | IP-2-1 | ||
| Price | $29,360,833 CAD |
| Price Per SF | $390.86 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 4.65 AC |
| Rentable Building Area | 75,119 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2024 |
| Tenancy | Single |
| Parking Ratio | 2.2/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IP-2-1 |
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Roof Terrace
UTILITIES
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Flex property strategically designed for diverse uses: office, lab, manufacturing, R&D and warehouse. This flex building has upgraded power capacity from 2000 to 4000 amps with a backup generator.
Flex property strategically designed for diverse uses: office, lab, manufacturing, R&D and warehouse. This flex building has upgraded power capacity from 2000 to 4000 amps with a backup generator.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 45,976 SF | Flex | Partial Build-Out | Now |
| 2nd Floor | 29,143 SF | Flex | Partial Build-Out | Now |
1st Floor
| Size |
| 45,976 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 29,143 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 45,976 SF |
| Space Use | Flex |
| Condition | Partial Build-Out |
| Available | Now |
Flex property strategically designed for diverse uses: office, lab, manufacturing, R&D and warehouse. This flex building has upgraded power capacity from 2000 to 4000 amps with a backup generator.
2nd Floor
| Size | 29,143 SF |
| Space Use | Flex |
| Condition | Partial Build-Out |
| Available | Now |
Flex property strategically designed for diverse uses: office, lab, manufacturing, R&D and warehouse. This flex building has upgraded power capacity from 2000 to 4000 amps with a backup generator.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Td's Deli | Deli | $ | 12 min walk |
| Carl's Jr. | - | - | 13 min walk |
| Subway | - | - | 12 min walk |
| Chez Nous | Deli | $ | 13 min walk |
| Starbucks | Cafe | $ | 13 min walk |
| Flippin Pizza | - | - | 15 min walk |
| zpizza | - | - | 15 min walk |
RETAIL |
||
|---|---|---|
| United States Postal Service | Business/Copy/Postal Services | 6 min walk |
| CrossFit, Inc | Fitness | 12 min walk |
| Vons | Supermarket | 14 min walk |
| Wells Fargo | Bank | 16 min walk |
| Great Clips | Salon/Barber/Spa | 15 min walk |
HOTELS |
|
|---|---|
| Courtyard |
155 rooms
4 min drive
|
| Holiday Inn Express |
75 rooms
5 min drive
|
| Homewood Suites by Hilton |
134 rooms
5 min drive
|
| SpringHill Suites |
138 rooms
7 min drive
|
PROPERTY TAXES
| Parcel Number | 363-072-25 | Improvements Assessment | $12,110,904 CAD |
| Land Assessment | $6,707,578 CAD | Total Assessment | $18,818,481 CAD |
PROPERTY TAXES
ABOUT THE SELLER
OTHER PROPERTIES IN THE VIRTUS REAL ESTATE CAPITAL PORTFOLIO
SALE ADVISORS
Brant Aberg, SIOR, Vice Chairman
Bryce Aberg, Vice Chairman
Professional Recognition:
Broker of the Year – San Diego Business Journal (2022)
Top Producer Achievement – Cushman & Wakefield (2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, & 2023)
Producer Achievement – DTZ (2013 & 2014)
40 under 40 San Diego Business Journal Award Winner (2013)
President, SIOR San Diego Chapter - Society of Industrial and Office Realtors (2012)
Number 1 Industrial Broker - Cassidy Turley San Diego (2012)
Top 10 Broker - Cassidy Turley (2014, 2013, 2012 & 2011)
CPE “Stars to Watch” National Recipient - Commercial Property Executive (2012)
CoStar Power Broker - CoStar Group (2006, 2007, 2008, 2009, 2010 and 2011)
Wolf Pack Award - Cassidy Turley BRE Commercial (2011)
Top 5 Industrial Broker - Cassidy Turley BRE Commercial (2007 - 2011)
Top 20 Broker - Cassidy Turley BRE Commercial (2008 - 2011)
Received SIOR Designation - Society of Industrial and Office Realtors (2009)
Top Producing Sales Associate, Year-End - Lee & Associates, Newport Beach, CA (2002)
Top Producing Sales Associate, 4th Quarter - Lee & Associates, Newport Beach, CA (2002)
Top Producing Sales Associate, 3rd Quarter - Lee & Associates, Newport Beach, CA (2002)
Top Three Producing Sales Associate, 2nd Quarter - Lee & Associates, Newport Beach, CA (2002)
Top Three Producing Sales Associate, 1st Quarter - Lee & Associates, Newport Beach, CA (2002)
Rookie of the Year - Lee & Associates, Newport Beach, CA (2002)
Professional Affiliations:
San Diego National Association of Industrial and Office Properties Committee Member (NAIOP)
SIOR Member
CCIM San Diego Chapter Member
Leadership Development Group (LDG) Member
University of San Diego Real Estate Alumni Association Member
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10225 Willow Creek Rd
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