225 W 30th 46,454 SF Industrial Building National City, CA 91950 $17,411,558 CAD ($374.81 CAD/SF)

FREEWAY ADJACENT NATIONAL CITY INDUSTRIAL OWNER/USER OPPORTUNITY WITH YARD
Exceptional Location: ±46,454 SF industrial building on oversized 2.29-acre parcel situated between the Chula Vista Bayfront Development and Downtown San Diego.
Industrial Outdoor Storage & Excess Yard: The ±2.29 acre site boasts significant extra yard space suitable for outdoor storage which is in short supply in South San Diego.
Solar: This is one of the few National City buildings to have solar providing a significant reduction in occupancy costs. Current owner is saving approximately $10,000/month in electrical savings. These solar panels are producing roughly 342.31 MWh/Yr, since being installed in 2022.
Significant Power: The building has 1800 AMPS and 480v with conduit for 4,000 AMPS, making the building suitable for the heaviest of power users.
Newer Roof: High-performance silicone coating applied in August 2020 with 19 years of warranty remaining. The silicone coating provides durable, seamless waterproofing and UV protection and acts as a long-lasting barrier, reflective shield that withstands extreme temperatures, ponding water, and chemical exposure.
Small Leaseback Option / Reduce Occupancy Costs: Current owner is potentially willing to leaseback a small portion of the building (see proposed location on P.21), which would help reduce occupancy costs. This is not mandatory, but rather an option should this benefit a buyer.
Owner User Advantages: This is an ideal corporate headquarters investment that provides an attractive lease-savings tradeoff. As opposed to leasing space, purchasing this property can provide protection against future rental market uncertainty and interest rate hikes, offering occupancy control, tax benefits, and after-tax equity accumulation. For example, ownership for a user could provide approximately $40,413/month tax savings or loss carry forward. See own vs. lease analysis P35.
The property is ideal for industrial users due to its location in the submarket and its adjacency to San Diego’s busiest freeways I-5, 805 and 54. This location provides excellent access to Downtown San Diego, the San Diego seaport harbor, Naval Yards, and industrial distribution centers of northern Baja, Mexico.