1917 Palomar Oaks WayCarlsbad, CA 92008

This exceptional Class A office building, located at 1917 Palomar Oaks Way in Carlsbad, CA 92008, presents a compelling owner-user or investment opportunity. The 46,696 square foot building, constructed in 2001 and renovated in 2020, sits on a 1.37-acre lot and boasts a desirable 32% occupancy rate. The property features three stories and offers ample parking with a 4.01 spaces per 1,000 square feet ratio. Currently zoned P-M (Planned Industrial Zone - City of Carlsbad), this building benefits from its strategic location adjacent to Callaway Golf's testing center and The Crossings at Carlsbad golf course. Its proximity to the I-5 Freeway (2.1 miles) and Palomar Airport Road provides easy access to major Southern California thoroughfares. The building's first floor is 91% leased, offering significant income potential for an owner-user seeking to occupy the upper floors. Recent upgrades totaling approximately $800,000 were invested in the first-floor lobby, corridors, and restrooms. The asking price is $9,806,160, translating to $210 per square foot. This property offers a rare chance to acquire a high-quality asset in Carlsbad's thriving business community, known for its concentration of Fortune 500 companies and its designation as a top e-savvy business community in California. The building's strong market fundamentals and recent improvements make it an attractive investment. The APN is 212-091-19.