For Sale
$6,695,000

1120 Simpson WayEscondido, CA 92029

Multi-tenant warehouse, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a multi-tenant industrial portfolio comprising three buildings totaling 20,420 square feet situated on a 1.17-acre lot in Escondido, California. The property, located at 1120-1140 Simpson Way, boasts a desirable M-2 zoning designation. Each building offers significant value, with unit sizes approximately 4,000, 12,560, and 3,860 square feet respectively. Constructed in 1970 and extensively renovated in 2021, the property features a 20-foot clear height ceiling, new epoxy flooring, and ample space for various industrial uses. The asking price is $6,695,000, translating to $327.86 per square foot and $2,231,666.67 per unit. This property presents a strong return on investment with its strategic location in San Diego County, modern upgrades, and high demand for industrial space in the area. The property's address is conveniently located in the 92029 zip code, offering easy access to major transportation routes and a thriving business community. This is an ideal opportunity for investors seeking a stable, high-yielding asset in a robust market.

Highlights

  • M-2 zoning allows for a variety of commercial uses.
  • High ceilings ranging from 16 to 20 feet.
  • Completely renovated in 2021.
  • Features new epoxy flooring throughout.
  • 1120 Simpson Way: ±4,000 square foot building.
  • 1130 Simpson Way: ±12,560 square foot building.

Property Details for 1120 Simpson Way

Property type
Warehouses, Industrial properties
Square Feet
20,420 SF
Year Built/Renovated
1970/2021
Buildings
1
Stories
1
Lot Size (sq. ft)
50,965 SF
Units
3

Location Insight

City
Escondido
County
San Diego
State
California
Latitude
33.1200845
Longitude
-117.1023789
1120 Simpson Way, Escondido, California

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1120 Simpson Way
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