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Investment Highlights
- Freestanding industrial building within Vista Business Park.
- Approximately 2,000 SF fenced yard area provides outdoor storage capability.
- Located near SR-78 transportation corridors and the SPRINTER rail line.
- Three grade-level loading doors support operational efficiency.
- Separately metered configuration allows single or multi-tenant occupancy.
Executive Summary
1146 N. Melrose Drive presents the opportunity to acquire a freestanding industrial building within Vista Business Park in North San Diego County. The property contains a combination of warehouse and office space, a partially covered fenced yard, three grade-level loading doors, fire sprinklers throughout, and separately metered areas that allow the building to function as either a single-tenant or multi-tenant asset. The existing configuration supports a variety of industrial, service, distribution, manufacturing, and contractor-oriented uses.
Positioned along North Melrose Drive, the property benefits from visibility along a major commercial corridor and convenient regional access to State Route 78, Interstate 5, and Interstate 15 via the surrounding transportation network. The location is surrounded by a mix of industrial, automotive, service, storage, educational, and commercial users, providing a well-established business environment within Vista's industrial market. The nearby SPRINTER rail corridor further enhances connectivity throughout North County San Diego.
The asset is currently occupied by Autotyme Automotive, Inc., an automotive service business that has operated from the location for more than three decades. The existing lease extends through December 31, 2028, providing near-term occupancy while preserving future flexibility for investors or owner-users evaluating long-term plans. Features including approximately 2,000 square feet of fenced yard area, 16-foot minimum clear height, grade-level loading, on-site parking, and separately metered utility service contribute to the property's functionality and operational flexibility.
Positioned along North Melrose Drive, the property benefits from visibility along a major commercial corridor and convenient regional access to State Route 78, Interstate 5, and Interstate 15 via the surrounding transportation network. The location is surrounded by a mix of industrial, automotive, service, storage, educational, and commercial users, providing a well-established business environment within Vista's industrial market. The nearby SPRINTER rail corridor further enhances connectivity throughout North County San Diego.
The asset is currently occupied by Autotyme Automotive, Inc., an automotive service business that has operated from the location for more than three decades. The existing lease extends through December 31, 2028, providing near-term occupancy while preserving future flexibility for investors or owner-users evaluating long-term plans. Features including approximately 2,000 square feet of fenced yard area, 16-foot minimum clear height, grade-level loading, on-site parking, and separately metered utility service contribute to the property's functionality and operational flexibility.
Property Facts
| Price | $1,471,170 | Rentable Building Area | 5,162 SF |
| Price Per SF | $285 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.02/1,000 SF |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 0.31 AC | No. Drive In / Grade-Level Doors | 5 |
| Zoning | M1, Vista | ||
| Price | $1,471,170 |
| Price Per SF | $285 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.31 AC |
| Rentable Building Area | 5,162 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M1, Vista |
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 161-111-07 | Improvements Assessment | $765,000 |
| Land Assessment | $663,000 | Total Assessment | $1,428,000 |
Property Taxes
Parcel Number
161-111-07
Land Assessment
$663,000
Improvements Assessment
$765,000
Total Assessment
$1,428,000
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