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Investment Highlights
- Prime Carlsbad Location
- Longstanding, Creditworthy Tenancy
- Robust Infrastructure for Manufacturing
- Flexible, High-Functionality Building
- Attractive Basis & Mark-to-Market Opportunity
- Irreplaceable and Strategic Location within Carlsbad
Executive Summary
Bid Date: May 14th
CBRE, as exclusive advisor, is pleased to present 2840 Loker Ave East (the “Property” or “2840 Loker”), a high-quality, single-tenant industrial asset located in the Carlsbad Technology Center. This property offers investors a prime North County San Diego location, flexible building design, and stable cash flow through the long-term tenancy.
The building totals 104,298 SF and is fully leased to Glanbia Nutritionals (NA), Inc., a global leader in nutritional and performance products, who has occupied the facility since 2001. The NNN lease runs through March 2029 with 3.0% annual increases. Features of the property include 13 dock-high doors, 2 grade-level doors, and wraparound parking and truck access. The design provides future flexibility with easy divisibility to multi-tenant in the future if needed and appeals to both low- and high-finish tenants.
Investors benefit from an attractive acquisition basis and strong mark-to-market potential, supported by critical infrastructure and rare heavy power capacity. 2840 Loker is a compelling opportunity to acquire a high-quality industrial asset in a supply-constrained market, anchored by a longstanding credit tenant and positioned for future growth.
CBRE, as exclusive advisor, is pleased to present 2840 Loker Ave East (the “Property” or “2840 Loker”), a high-quality, single-tenant industrial asset located in the Carlsbad Technology Center. This property offers investors a prime North County San Diego location, flexible building design, and stable cash flow through the long-term tenancy.
The building totals 104,298 SF and is fully leased to Glanbia Nutritionals (NA), Inc., a global leader in nutritional and performance products, who has occupied the facility since 2001. The NNN lease runs through March 2029 with 3.0% annual increases. Features of the property include 13 dock-high doors, 2 grade-level doors, and wraparound parking and truck access. The design provides future flexibility with easy divisibility to multi-tenant in the future if needed and appeals to both low- and high-finish tenants.
Investors benefit from an attractive acquisition basis and strong mark-to-market potential, supported by critical infrastructure and rare heavy power capacity. 2840 Loker is a compelling opportunity to acquire a high-quality industrial asset in a supply-constrained market, anchored by a longstanding credit tenant and positioned for future growth.
Property Facts
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 209-082-08 | Improvements Assessment | $21,879,747 CAD |
| Land Assessment | $15,783,898 CAD | Total Assessment | $37,663,645 CAD |
Property Taxes
Parcel Number
209-082-08
Land Assessment
$15,783,898 CAD
Improvements Assessment
$21,879,747 CAD
Total Assessment
$37,663,645 CAD
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Glanbia | 2840 Loker Ave E
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