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Palomar Corporate Center 3280 Corporate View 59,828 SF Industrial Building Vista, CA 92081 $23,250,444 CAD ($388.62 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Rivian Automotive, Inc. is the sole tenant under a new 5-year NNN lease
- Tenant-funded improvements include EV infrastructure and secured truck court
- High visibility and access via SR-78 and I-5 from San Marcos Blvd and Business Park Dr
- Only Rivian Service Center in North San Diego and South Orange County
- Located near affluent EV-adopting communities with strong demographics
EXECUTIVE SUMMARY
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 3280 Corporate View (the “Property” or “Building” or “3280 Corporate View, an approximately 59,828 square foot industrial building located in Vista, California that is 100% leased to Rivian, LLC (NASDAQ: RIVN) on a NNN basis with an approximate lease term of 5-years”).
3280 Corporate View is North San Diego’s only Rivian Service Center, servicing North San Diego and South Orange County markets. Positioned strategically near affluent North
San Diego communities like Rancho Santa Fe, La Costa, Encinitas, and Carlsbad, with strong luxury EV ownership. The area aligns with Rivian’s customer base, supporting long-term service demand. 3280 Corporate View is located in the infill industrial market of Vista. Vista is an established hub for advanced manufacturing, logistics, and R&D users, supported by a strong labor pool and strategic access to major transportation corridors including Interstate-15, Interstate-5, and State Route 78 Freeway.
3280 Corporate View is North San Diego’s only Rivian Service Center, servicing North San Diego and South Orange County markets. Positioned strategically near affluent North
San Diego communities like Rancho Santa Fe, La Costa, Encinitas, and Carlsbad, with strong luxury EV ownership. The area aligns with Rivian’s customer base, supporting long-term service demand. 3280 Corporate View is located in the infill industrial market of Vista. Vista is an established hub for advanced manufacturing, logistics, and R&D users, supported by a strong labor pool and strategic access to major transportation corridors including Interstate-15, Interstate-5, and State Route 78 Freeway.
PROPERTY FACTS
| Price | $23,250,444 CAD | Rentable Building Area | 59,828 SF |
| Price Per SF | $388.62 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1999 |
| Cap Rate | 6.25% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 24’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 3.75 AC | No. Drive In / Grade-Level Doors | 5 |
| Zoning | SPI-Area B - Vista Business Park Specific Plan | ||
| Price | $23,250,444 CAD |
| Price Per SF | $388.62 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.25% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 3.75 AC |
| Rentable Building Area | 59,828 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 1.83/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | SPI-Area B - Vista Business Park Specific Plan |
AMENITIES
- 24 Hour Access
- Signage
- Skylights
- Wheelchair Accessible
- Reception
- Car Charging Station
- Air Conditioning
UTILITIES
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $11,326,321 CAD | |
| Land Assessment | $4,788,509 CAD | Total Assessment | $16,114,830 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,788,509 CAD
Improvements Assessment
$11,326,321 CAD
Total Assessment
$16,114,830 CAD
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Palomar Corporate Center | 3280 Corporate View
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