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5751 Palmer Way 2,800 SF Flex Condo Unit Offered at $950,000 in Carlsbad, CA 92010
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 209-041-25-05 |
| Sale Type | Investment |
| APN/Parcel ID | 209-041-25-05 |
Description
This offering presents an attractive investment opportunity consisting of a 2,800-square-foot space featuring climate control throughout most of the suite. The property is occupied by a strong tenant whose lease runs through December 31, 2027, with one additional 24-month option to extend at fair market value. The space is currently being utilized as a gym, providing stable and consistent use. The asset is being offered at $950,000, equating to approximately $339 per square foot. Interested parties are encouraged to contact the broker for further details.
Sale Notes
This property presents a standout investment opportunity, offering a well-appointed 2,800-square-foot space featuring climate control throughout most of the suite. A strong, reliable tenant is already in place, with a lease secured through December 31, 2027, plus a 24-month option to extend at fair market value—providing immediate income stability and future upside. Currently operated as a popular gym, the space benefits from steady traffic and built-in demand. Priced at $950,000 (just $339 per square foot), this offering delivers an exceptional value proposition in today’s market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit E | 2,800 SF | Flex | $950,000 ($339.29/SF) | - |
Unit E
| Unit Size |
| 2,800 SF |
| Condo Use |
| Flex |
| Price |
| $950,000 ($339.29/SF) |
| NOI |
| - |
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Unit E
| Unit Size | 2,800 SF |
| Condo Use | Flex |
| Price | $950,000 ($339.29/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | 209-041-25-05 |
| Description | |
| This offering presents an attractive investment opportunity consisting of a 2,800-square-foot space featuring climate control throughout most of the suite. The property is occupied by a strong tenant whose lease runs through December 31, 2027, with one additional 24-month option to extend at fair market value. The space is currently being utilized as a gym, providing stable and consistent use. The asset is being offered at $950,000, equating to approximately $339 per square foot. Interested parties are encouraged to contact the broker for further details.</li></ul> | |
| Sale Notes | |
| This property presents a standout investment opportunity, offering a well-appointed 2,800-square-foot space featuring climate control throughout most of the suite. A strong, reliable tenant is already in place, with a lease secured through December 31, 2027, plus a 24-month option to extend at fair market value—providing immediate income stability and future upside. Currently operated as a popular gym, the space benefits from steady traffic and built-in demand. Priced at $950,000 (just $339 per square foot), this offering delivers an exceptional value proposition in today’s market.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 25,000 SF | Typical Floor Size | 17,750 SF |
| Property Type | Flex (Condo) | Year Built | 1984 |
| Property Subtype | Flex Research & Development | Lot Size | 3.10 AC |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Floors | 2 | ||
| Zoning | CO, Carlsbad - Commercial | ||
| Total Building Size | 25,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 17,750 SF |
| Year Built | 1984 |
| Lot Size | 3.10 AC |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | CO, Carlsbad - Commercial |
Amenities
- Property Manager on Site
- Signage
Utilities
- Water
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5751 Palmer Way
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