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Oak Ridge Business Center 2465 Ash St 47,560 SF Industrial Building Vista, CA 92081 $15,000,000 ($315.39/SF) 6.75% Cap Rate
Investment Highlights
- ±47,560 SF industrial building on approximately 3 acres with drive-around access
- Heavy power (1600a / 120–208v, 3-phase) and fully sprinklered
- ±22’–26’ clear heights with 3 dock-high and 2 grade-level doors
- Prime Vista location with immediate access to SR-78, I-5, and I-15
Executive Summary
Cushman & Wakefield’s National Industrial Advisory Group, as exclusive advisor, is pleased to present the opportunity to acquire Oak Ridge Business Center, 2465 Ash Street, (the “Project”) located in the Vista submarket of North County San Diego. The Project consists of a single tenant, ±47,560-squarefoot industrial building featuring ±22’–26’ clear heights, three (3) dock-high doors, and two (2) drive-in doors, providing a functional configuration for a range of distribution and manufacturing uses. Built in 1991, the property is strategically positioned within the Vista industrial submarket with convenient access to State Route 78, Interstate 5, and Interstate 15, supporting regional connectivity throughout San Diego County.
The Project is 100% leased to a single tenant, providing stable income with a weighted average lease term of 3.2 years. The lease structure offers near-term income visibility, while the tenant holds two (2) five-year renewal options at fair market value, supporting continued occupancy potential beyond the initial term. The combination of stable cash flow, functional industrial features, and location within an established North County industrial submarket positions the Project as a well located industrial investment within the broader San Diego market.
The Project is 100% leased to a single tenant, providing stable income with a weighted average lease term of 3.2 years. The lease structure offers near-term income visibility, while the tenant holds two (2) five-year renewal options at fair market value, supporting continued occupancy potential beyond the initial term. The combination of stable cash flow, functional industrial features, and location within an established North County industrial submarket positions the Project as a well located industrial investment within the broader San Diego market.
Property Facts
| Price | $15,000,000 | Rentable Building Area | 47,560 SF |
| Price Per SF | $315.39 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1991 |
| Cap Rate | 6.75% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.46/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 26’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 3.00 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | SP1, Vista | ||
| Price | $15,000,000 |
| Price Per SF | $315.39 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 3.00 AC |
| Rentable Building Area | 47,560 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Tenancy | Single |
| Parking Ratio | 2.46/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | SP1, Vista |
Amenities
- Bio-Tech/ Lab Space
- Cooler
- Fenced Lot
- Floor Drains
- Signage
- Skylights
Utilities
- Heating
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 217-254-07 | Improvements Assessment | $7,693,758 |
| Land Assessment | $4,775,436 | Total Assessment | $12,469,194 |
Property Taxes
Parcel Number
217-254-07
Land Assessment
$4,775,436
Improvements Assessment
$7,693,758
Total Assessment
$12,469,194
Contacts
-
Charlie Jacobs -
Bryce Aberg -
Brant Aberg, SIOR -
Jeff Chiate -
Matthew Leupold -
Cushman & Wakefield
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Oak Ridge Business Center | 2465 Ash St
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