
5931 Priestly Drive | Carlsbad
5931 Priestly Drive, Carlsbad, CA, 92008, US
4,903 m²
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 1201 Shore Street (the “Property”) located in the highly desirable West Sacramento market.
The Property consists of a single-tenant, 100% leased autonomous vehicle service facility totaling ±56,680 square feet, situated on ±2.43 acres (0.54 FAR) directly adjacent to Highway 50 and I-80. Built in 1969/1980 and remodeled in 2026, the Property features 20’–24’ clear heights, 3 dock-high doors, 2 grade-level doors, and 65 auto parking spaces.
The Property is 100% leased on a recently executed lease commencing August 10, 2026 and running through August 31, 2029, representing 2.69 years of WALT (as of December 2026). The lease carries 3.00% annual rent escalations on a NNN basis. Base Rent has commenced, and the tenant is expected to take possession and begin its own tenant improvement build-out in mid-September 2026.
The Property is being offered at a listing price of $9,500,000 ($168 PSF), reflecting a 6.70% going-in cap rate.
1201 Shore Street represents a rare opportunity to acquire a fully-leased, single-tenant industrial asset in the supply-constrained West Sacramento industrial market.

