Landmark At Otay - Brand New Construction — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: San Diego, CA 92154

Description

Industrial | For Lease: 77,000 - 235,085 SF Project HighlightsFreeway Frontage & Access: SR-905 & SR-125Access: Direct to La Media Rd & SR-905 IntersectionLabor: Reverse commute to county’s largest labor supplyHousing: Abundan Key Facts Freeway Frontage & Access: SR-905 & SR-125 Access: Direct to La Media Rd & SR-905 Intersection Labor: Reverse commute to county’s largest labor supply Housing: Abundant new housing CBX Airport: TJ International Airport, 2 miles away $52B & 1M: Trade volume and truck traffic at Otay POE-2019 Otay II POE: Projected completion 2024 Divisible To: +/-65,000 SF, Office: 3,375 SF Clearance: 36’ minimum Fire Sprinkler System: ESFR Loading: - 40 Dock High Doors - 2 Ground level doors w/ramps Lighting: LED

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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