Industrial Property for Lease in San Diego, CA

  • Price: $17.9M
  • 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 148 days. Compare it against other industrial listings for lease in San Diego, CA — <a href="/search/lease/industrial/california/san-diego">view the full market</a>.

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: Consensus Q1 2026 market report.

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 Consensus.
Is the San Diego industrial market tightening or softening?
Vacancy is around 6.6%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$1.37/SF/mo – $1.85/SF/mo

Mid: $1.61/SF/mo

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

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