3055 Del Sol Blvd

Marcus & Millichap is pleased to present for sale 3055-3085 Del Sol Boulevard. The property is a 53,384-square foot research and development building, with 60 percent of office build-out. Situated on a 3.09 acre corner lot, 3055 Del Sol Boulevard features points of ingress / egress on both Del Sol Boulevard and Beyer Boulevard in the South Bay industrial submarket of San Diego, California.

The property is currently 100-percent leased to TDK-Lambda, who use the facility as its corporate headquarters in North America. TDK-Lambda has occupied the building since it was built-to-suit for them in 1985. Their current lease expires January 1, 2015, allowing for an investor to still receive income while they begin efforts to lease up the property. The Seller will also guarantee an addition 12 months of rent when the tenant vacates.

The property is a perfect corporate headquarters for a tenant looking for a high powered building that also has office and conference room space. The mix of space makes it attractive to a wide variety of tenants and, the easy access to major San Diego freeways make it an excellent distribution hub. The previous tenant has invested significant capital in the property including increasing the already substantial power supply from 2,500 to 3,100 amps, and renovating the HVAC system with all but one of the nine roof AC units being replaced in the last four years.

Features

• 53,384-square foot research and development building
• Perfect Use for a Corporate Headquarters
• 24 Foot Clear Height with Increased Power Capacities
• Property Is Divisible for Multiple Tenants
• Four Grade-Level Roll Doors
• Sits on a corner lot with good ingress and egress along two arterial streets (Del Sol and Beyer Boulevard)
• Unique Combination of Size and Build-Out (60% Office)
• Parking ratio of 2.45 spaces per 1,000 SF
• Good Access to 5, 905 and 805 Freeways
• Close Proximity to Trolley Stop