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11065 Roselle St, San Diego, CA 11075 Roselle St, San Diego, CA
11065 & 11075 Roselle St
Asset ClassIndustrial
# Buildings2
Land: 5.55 AcresSquare Feet: 43,530Access Data Room
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 11065 & 11075 Roselle Street (“the Property”), located in Sorrento Valley, a key central market in San Diego’s mid-city innovation cluster. The two building, state-of-the art industrial/manufacturing corporate headquarters campus, is 100% leased to Fabric8Labs through September of 2031.
overview of deal

Overview

NNN Lease Structure| Fixed Annual Rental Escalations

  • The Fabric8Labs lease is a NNN structure insulating the cash flows from property related expenses and providing a moat around the yields
  • Additionally, the contract rent which extends through September 2031 is subject to 3% fixed annual rental rate increases

 

Mission Critical Manufacturing & Corporate HQ Offering

  • The newly built-out two building campus houses advanced R&D operations as well Fabric8Labs “C” suite and key leadership team
  • Tenant and Landlord plan to invest an estimated $2 million or more into operation specific building improvements for Fabric8Labs revolutionary, proprietary 3D printing technology

 

High Growth, Innovation Led Tenancy

  • Fabric8Labs has innovated a groundbreaking new proprietary approach to economically 3D print, highly complex technology components. They have successfully closed $50 million Series B financing in Q1 2023 (NEA) around this new technology
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11065 Roselle StSan Diego, CA 92121

Sales Team

Rick ReederExecutive Managing Director858-875-3618rick.reeder@nmrk.com
Brad TeccaExecutive Managing Director858-232-3934brad.tecca@nmrk.com
Brunson HowardExecutive Managing Director858-875-3610brunson.howard@nmrk.com

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Listing provided by Revere CRE