Skip to main content

Office Vacant-User

5868 Owens Ave

5868 Owens Ave, Carlsbad, CA 92008

Listing Price: $3,500,000

Cap Rate
2.43%
Gross SF
14,226
Rentable SF
14,226
Price/Gross SF
$246.03
Lot Size
0.17 acres
Year Built
2001

Investment Overview

Marcus & Millichap, as exclusive advisor is pleased to present the extremely rare opportunity to acquire 5868 Owens Avenue, located just East of the I-5 in Carlsbad, CA. This property consists of a two-story, 14,226 square foot class B office building. The building sits on a 7.35-acre parcel in the infamous Palomar Heights Office Plaza. Built in 2001, the property has brand new spec suites, featuring open floor plans, secured access, and elevator service. Completely new renovation of the lobby, common areas, and restrooms. Also, provides over 4.00/1,000 SF parking ratio with lush landscaping and outdoor eating areas. The property is 43% occupied, perfectly positioned for an Owner-User to take advantage of low interest rates and build equity. The property currently averages rents of $2.05 per SF. Located West of El Camino Real in the Master Planned Carlsbad Airport Centre, less than three miles east of I-5 with ease of access via Palomar Airport Road. Walking distance to hotels, restaurants, banking, and retail amenities. The building is ready for immediate occupancy perfect for an owner user looking for well-located Office building.

Investment Highlights

  • • 14,226 SF Class B Office Building in Carlsbad, CA. • Move-in ready spec suites featuring open floor plans.
  • • Completely new renovation of the Lobby, Common Areas and Restrooms. • Secured access and elevator service.
  • • 4.00/1,000 SF parking ratio.

Exclusively Listed By

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

  • Ali Valiahdi

    Associate

    Email Ali

    License(s): CA: 01980677

    San Diego

Listing Price: $3,500,000

Cap Rate
2.43%
Gross SF
14,226
Rentable SF
14,226
Price/Gross SF
$246.03
Lot Size
0.17 acres
Year Built
2001

Investment Highlights

  • • 14,226 SF Class B Office Building in Carlsbad, CA. • Move-in ready spec suites featuring open floor plans.
  • • Completely new renovation of the Lobby, Common Areas and Restrooms. • Secured access and elevator service.
  • • 4.00/1,000 SF parking ratio.

Investment Overview

Marcus & Millichap, as exclusive advisor is pleased to present the extremely rare opportunity to acquire 5868 Owens Avenue, located just East of the I-5 in Carlsbad, CA. This property consists of a two-story, 14,226 square foot class B office building. The building sits on a 7.35-acre parcel in the infamous Palomar Heights Office Plaza. Built in 2001, the property has brand new spec suites, featuring open floor plans, secured access, and elevator service. Completely new renovation of the lobby, common areas, and restrooms. Also, provides over 4.00/1,000 SF parking ratio with lush landscaping and outdoor eating areas. The property is 43% occupied, perfectly positioned for an Owner-User to take advantage of low interest rates and build equity. The property currently averages rents of $2.05 per SF. Located West of El Camino Real in the Master Planned Carlsbad Airport Centre, less than three miles east of I-5 with ease of access via Palomar Airport Road. Walking distance to hotels, restaurants, banking, and retail amenities. The building is ready for immediate occupancy perfect for an owner user looking for well-located Office building.

Exclusively Listed By

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

  • Ali Valiahdi

    Associate

    Email Ali

    License(s): CA: 01980677

    San Diego

MM Texture Background
MM Textured Background Lower