TENANT INCENTIVE: 5 Months Free on 5 Year Term*… — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: San Diego, CA 92123

Description

Industrial | For Lease: 123,492 SF ±123,492 SF newly constructed freestanding logistics facility36’ Minimum warehouse ceiling clearanceESFR sprinkler system (K-25 @ 40PSI)20 Dock-high loading doors (2 pit levelers, 18&rsqu Key Facts 8888 Balboa Ave, San Diego, CA 92123, USA 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 Industrial | For Lease: 123,492 SF Facebook LinkedIn Email Twitter Facebook LinkedIn Email Twitter Share Print View Documents View Documents Warehouse slab: 7” thick; 4,000 PSI Power capacity: 3,000 amps with 4,000 pull section 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 Mark Lewkowitz Executive Vice President San Diego - La Jolla License #: 01785338 +1 858 677 5361 Call Now +1 858 677 5361 +1 858 922 8988 Call Mobile +1 858 922 8988

Market Context

This industrial in San Diego, CA is listed for lease. It has been on the market for 175 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).

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