Build-to-Suit Opportunity - 25k to 85K SF Industrial… — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: San Diego, CA 92121

Description

Industrial | For Lease: 4.64 ac Situated in the picturesque city of San Diego, California, 5909 Nancy Ridge Drive is an industrial property that extends across an impressive ±4.64 acres. Ideally located in the heart of Sorren Key Facts Evan McDonald Executive Vice President San Diego - La Jolla License #: 01813359 +1 858 677 5339 Call Now +1 858 677 5339 +1 858 353 8669 Call Mobile +1 858 353 8669 License #: 01813359 For Lease More details TENANT INCENTIVE: 5 Months Free on 5 Year Term* *Signed by December 31, 2024 - Brand New ±123,492 SF Class A Industrial Available for Lease 8888 Balboa Ave, San Diego, CA 92123, USA 123,492 SF Industrial TENANT INCENTIVE: 5 Months Free on 5 Year Term* *Signed by December 31, 2024 - Brand New ±123,492 SF Class A Industrial Available for Lease 8888 Balboa Ave, San Diego, CA 92123, USA 123,492 SF Industrial

Market Context

This industrial in San Diego, CA is listed for lease. It has been on the market for 176 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).

Estimated Market Rate

$1.20/SF/mo – $1.62/SF/mo

Mid: $1.41/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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