12220 World Trade Drive — Lease in San Diego, CA
- Price: $18M
- Listing type: For lease
- Asset type: Industrial Property
- Location: San Diego, CA 92128
Description
Leased Investment For Sale 12220 World Trade Drive is a ±51,027 square foot, single-story + mezzanine former corporate headquarter facility in the heart the I-15 Corridor’s largest retail hub located less than 1 mile from Interstate 15. The building’s corner location at the entrance to the business park provides easy access to over 1.2M SF of retail amenities.
Market Context
This industrial in San Diego, CA is listed for lease at $17,950,000. It has been on the market for 195 days. Compare it against other industrial listings for lease in San Diego, CA — view the full market.
As of Q1 2026, the San Diego industrial market showed a 6.6% vacancy rate, average asking rents near $16.92/SF/yr, rents up 7.5% year over year, and cap rates around 5.2%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Industrial market FAQ
- What is the typical cap rate for industrial in San Diego?
- About 5.2% as of Q1 2026, per multiple brokerage reports.
- Is the San Diego industrial market tightening or softening?
- Vacancy is around 6.6%, with asking rents rising year over year (Q1 2026).
Contact
- Bill Dolan · 858 546 4678 · bill.dolan@cbre.com
- Ryan Sparks · 858 546 2606 · ryan.sparks@cbre.com
Explore this market
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