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12220 World Trade Dr 51,027 SF 100% Leased Flex Building San Diego, CA 92128 $17,950,000 ($351.77/SF)

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INVESTMENT HIGHLIGHTS

  • 12220 World Trade Drive offers an HQ-quality flex space for an owner/user, with in-place tenants occupying a portion of the facility.
  • Capitalize on exceptional exposure and visibility to approximately 26,500 passing vehicles per day along Interstate 15’s largest commercial corridor.
  • Building features include dedicated office space, high bay warehouse and production space with 24-foot ceilings, drive-in doors, and heavy power.
  • Enjoy convenient access to Carmel Mountain Road and Interstate 15, near The Home Depot, Dick’s Sporting Goods, and many other national retailers.

EXECUTIVE SUMMARY

12220 World Trade Drive is a best-in-class flex facility in San Diego, California. The former corporate headquarters, containing approximately 51,027 square feet across a single story and mezzanine, is available for sale and lease. Positioned in the heart of Interstate 15’s largest commercial corridor, the building’s corner location at the entrance of a well-established business park provides exceptional access to over 1.2 million square feet of retail amenities.

This attractive owner/user opportunity includes income generated from in-place tenants occupying a portion of the facility. Building specifications and features include three grade-level loading doors, a 24-foot clear height, dedicated office space, 2,000-amp, 277/480-volt heavy power, and covered outside storage space. Abundant parking is available, with 147 standard vehicle spaces and the potential to expand.

12220 World Trade Drive offers direct Carmel Mountain Road exposure to approximately 26,500 passing vehicles per day. Major national retailers nearby include Dick’s Sporting Goods, The Home Depot, Trader Joe’s, Ralphs, and At Home. 12220 World Trade Drive is less than 1 mile from Interstate 15, surrounded by a highly skilled labor pool of over 41,000 warehouse employees living within 10 miles of the property.

This facility is ideally located within the Rancho Bernardo submarket, where flex space saturates the market, covering over 4.7 million square feet, followed by 1.5 million square feet of specialized space and 1.5 million square feet of logistics space. A wide array of expertise surrounds tenants adjacent to 1220 World Trade Center and beyond Interstate 15. Some corporations that thrive in this advantageous area include Northrop Grumman, Fitbit, Lifeproof, Scripps Urgent Care, Sony Electronics, Amazon, HP, and General Atomics.

PROPERTY FACTS

Price $17,950,000
Price Per SF $351.77
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Flex Research & Development
  • Industrial Warehouse
Building Class B
Lot Size 3.24 AC
Rentable Building Area 51,027 SF
No. Stories 2
Year Built/Renovated 1990/2019
Parking Ratio 3.17/1,000 SF
Clear Ceiling Height 24’
No. Drive In / Grade-Level Doors 3
Zoning M-LI - Flex zoning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Manufacturing
  • 10,000 SF
  • $22.20
  • Triple Net
  • Nov 2028

Argá Medtech is developing the next-generation non-thermal cardiac ablation system. Its unique Pulsed Field Ablation (PFA) power generator offers unmatched flexibility when used with its proprietary catheter. Argá develops a new PFA platform called Coherent Sine-burst Electroporation (CSE) that offers improved flexibility in titrating lesion depth and securing transmurality of lesions. Its catheter offers the practicality of single-shot device without losing its capability to produce linear and focal lesions, eliminating the need for catheter exchanges during procedures.

  • Manufacturing
  • 11,498 SF
  • $19.72
  • Triple Net
  • Sep 2028

Intelliguard was built on a commitment to the evolution of healthcare technology, a more satisfying healthcare provider experience, and unrivaled patient safety. What began as a line of safety syringes evolved into a more pronounced presence in medical device manufacturing. The company expanded its product lines, scaled operations, established relationships with leading global manufacturers and suppliers, and automated manufacturing to create a smarter way to move medication from the pharmacy to the OR to the bedside.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Manufacturing 10,000 SF $22.20 Triple Net Nov 2028
Manufacturing 11,498 SF $19.72 Triple Net Sep 2028

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 130
  • 3,013 SF
  • Flex
  • Full Build-Out
  • 30 Days

Available for sale or lease.

  • 1st Fl - 140
  • 4,454 SF
  • Flex
  • Full Build-Out
  • 30 Days

Available for sale or lease.

  • 2nd Fl - 200
  • 4,889 SF
  • Flex
  • Full Build-Out
  • 30 Days

Available for sale or lease.

Space Size Space Use Condition Available
1st Fl - 130 3,013 SF Flex Full Build-Out 30 Days
1st Fl - 140 4,454 SF Flex Full Build-Out 30 Days
2nd Fl - 200 4,889 SF Flex Full Build-Out 30 Days

1st Fl - 130

Size
3,013 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Fl - 140

Size
4,454 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

2nd Fl - 200

Size
4,889 SF
Space Use
Flex
Condition
Full Build-Out
Available
30 Days

1st Fl - 130

Size 3,013 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

Available for sale or lease.

1st Fl - 140

Size 4,454 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

Available for sale or lease.

2nd Fl - 200

Size 4,889 SF
Space Use Flex
Condition Full Build-Out
Available 30 Days

Available for sale or lease.

Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
313-540-16
Land Assessment
$4,835,773
Improvements Assessment
$3,893,112
Total Assessment
$8,728,885
  • Listing ID: 29761958

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 12220 World Trade Dr, San Diego, CA 92128

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