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2195 Britannia Blvd - Phase II - Bldg. 8 8,000 SF Industrial Condo Unit Offered at $3,878,533 CAD in San Diego, CA 92154
Investment Highlights
- Private Restroom
- 3 Loading Docks
- Scarce Industrial Condo Ownership Limited supply of industrial condos in San Diego County supports long-term value and liquidity.
- Modern Industrial Specifications Dock-high and grade-level loading, approximately 28’ clear height, 3-phase power, fire sprinklers, skylights, and AC
- High-Demand Otay Mesa Location (92154) Core industrial submarket serving cross-border trade with consistently low vacancy.
- Office Space
Executive Summary
2195 Britannia Blvd, Suite 102, San Diego, CA 92154 is an 8,000 SF industrial condominium located within a professionally maintained industrial park in the Otay Mesa submarket. The property is currently 100% leased to a single industrial tenant under a NNN lease structure, offering stabilized income with contractual rent growth. The tenant, Ship Amigo, occupies the full premises and is under lease through September 30, 2029, with 3% annual rent escalations and one five-year renewal option. The property generates $158,496 in annual base rent, with operating expenses reimbursed by the tenant. The unit features functional warehouse improvements including dock-high and grade-level loading, approximately 28-foot clear height, 3-phase power, fire sprinklers, skylights, air conditioning, and 24-hour access. The layout supports distribution, logistics, light manufacturing, and other industrial uses. Otay Mesa (92154) is one of San Diego County’s most supply-constrained industrial submarkets, benefiting from proximity to major transportation corridors and the Otay Mesa Port of Entry. Strong tenant demand, limited new supply, and cross-border trade activity continue to support long-term industrial fundamentals in the area.
Property Facts
| Total Building Size | 78,091 SF | Typical Floor Size | 72,208 SF |
| Property Type | Industrial (Condo) | Year Built | 2006 |
| Property Subtype | Distribution | Lot Size | 4.22 AC |
| Building Class | B | Parking Ratio | 1.7/1,000 SF |
| Floors | 1 | ||
| Zoning | IBT-1-1 - Otay Mesa Development District | ||
| Total Building Size | 78,091 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Distribution |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 72,208 SF |
| Year Built | 2006 |
| Lot Size | 4.22 AC |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | IBT-1-1 - Otay Mesa Development District |
Amenities
- 24 Hour Access
- Skylights
- Air Conditioning
1 Unit Available
Unit 102
| Unit Size | 8,000 SF | Cap Rate | 5.66% |
| Price | $3,878,533 CAD | NOI | $219,554.99 CAD |
| Price Per SF | $484.82 CAD | No. Parking Spaces | 14 |
| Condo Use | Industrial | Sale Conditions | Lease Option |
| Sale Type | Investment or Owner User |
| Unit Size | 8,000 SF |
| Price | $3,878,533 CAD |
| Price Per SF | $484.82 CAD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.66% |
| NOI | $219,554.99 CAD |
| No. Parking Spaces | 14 |
| Sale Conditions | Lease Option |
Description
356 SF office
Sale Notes
Property Highlights
The property is 100% but has option for Owner-User to take over space. Recommended to get a new tenant.
NNN Lease Structure
Tenant reimburses operating expenses, minimizing landlord responsibilities and expense exposure.
Strong In-Place Income with Growth
Annual base rent of $158,496 with 3% annual rent escalations.
Long-Term Lease Security
Lease in place through September 30, 2029, plus one (1) five-year renewal option.
Functional 8,000 SF Industrial Condo
Efficient warehouse layout well suited for logistics, distribution, and light manufacturing users.
Modern Industrial Specifications
Dock-high and grade-level loading, approximately 28’ clear height, 3-phase power, fire sprinklers, skylights, AC, and 24-hour access.
High-Demand Otay Mesa Location (92154)
Core industrial submarket serving cross-border trade with consistently low vacancy.
Scarce Industrial Condo Ownership
Limited supply of industrial condos in San Diego County supports long-term value and liquidity.
Presented by
2195 Britannia Blvd - Phase II - Bldg. 8
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