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Single-Story Sub 20k Sq. Ft/Owner-User 2292 Faraday Ave

18,848 SF 100% Leased Flex Building Carlsbad, CA 92008 $6,295,000 ($334/SF)

Investment Highlights

  • Single Story Owner-User Corporate HQ/ Creative Office/R&D in Carlsbad, CA
  • Efficient Parcel Layout w/ ample parking 4/1000 psf ratio
  • 1 of only 3 buildings in the Carlsbad Research Center under 20,000 SF on its own lot
  • Ideal demographics for both executives and workers: within 3 miles of 73,603 people with an average household income of $147,754

Executive Summary

2292 Faraday Ave in Carlsbad, CA, offers a newly renovated, owner-user opportunity, single-story commercial building with no expense spared in an $800,000 remodel. The upgrades include fresh exterior paint, updated HVAC systems, and a complete interior overhaul with modern ceilings, lighting, flooring, and a stylish café area leading to an outdoor patio. The building features soaring 18-foot ceilings, creating a spacious, creative atmosphere ideal for today’s businesses. Currently being used a Co-Work/Executive Suite Space but to be delivered Vacant for New Owner.
Its flexible layout allows for easy division into two suites, making it adaptable to various business needs. In addition, this property can be suitable for Corporate HQ or Creative Office/R&D. The property also boasts ample parking at a 4/1000 SF ratio and includes convenient employee amenities like showers and locker rooms. Situated in the Carlsbad Research Center, this is one of only three buildings under 20,000 SF on its own lot, offering excellent access to El Camino Real and Palomar Airport Road.

Property Facts

Price $6,295,000
Price Per SF $334
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
R&D
  • OfficeLoft Creative Space
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.61 AC
Rentable Building Area 18,848 SF
No. Stories 1
Year Built/Renovated 1986/2017
Parking Ratio 4/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 1

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
212-061-44
Land Assessment
$1,706,743
Improvements Assessment
$2,503,222
Total Assessment
$4,209,965

zoning

Zoning Code CM, Carlsbad
CM, Carlsbad
  • Listing ID: 33125617

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 2292 Faraday Ave, Carlsbad, CA 92008

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