For Sale
Call for price

4567 Federal BlvdSan Diego, CA 92102

41,249 SF Warehouse, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 41,249-square-foot industrial distribution warehouse, located at 4567 Federal Blvd in San Diego, CA 92102, presents a compelling investment opportunity. The property, built in 1970 and situated on a 1.9-acre lot (APN 541-611-30), is currently 100% leased to Action Gypsum Supply West, a leading building materials supplier, under a NNN lease expiring August 31, 2028 (3.8 years remaining). The lease includes one five-year option at fair market value. The building features 6 loading docks, a 20-foot ceiling height, and is zoned IL-2-1. Its prime location offers easy access to major freeways (I-5, I-805, I-15, and CA-94), placing it strategically within San Diego's East City submarket. The property benefits from its adjacency to a recently constructed, large distribution center, and enjoys a current rent 20% below market rates, presenting significant future upside potential. The strong demand for industrial space in this supply-constrained submarket (approximately 2.2% vacancy) further enhances the investment appeal. The fenced and secured site includes outdoor staging and storage areas. This core+ investment offers a stable income stream backed by a reputable tenant with a significant western US presence.

Highlights

  • 100% leased to Action Gypsum Supply through August 31, 2028.
  • Adjacent to Crest Beverage's new 350,000 SF distribution center.
  • IL-2-1 zoning offers flexibility for future uses.
  • Current rent is 20% below market, offering significant upside potential.
  • Strong demand for industrial assets in a stable market.
  • Located in a supply-constrained submarket with ~2.2% vacancy and no new competing construction.

Property Details for 4567 Federal Blvd

Property type
Warehouses, Industrial properties
Square Feet
41,249 SF
Year Built
1970
Buildings
1
Lot Size (sq. ft)
82,764 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7207531
Longitude
-117.0964161
4567 Federal Blvd, San Diego, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4567 Federal Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message