San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, completed the sale of 1709 La Costa Meadows Drive. San Marcos for $6,943,000.  The 63,800 square foot facility features approximately 52,800 square feet of warehouse space, 12,000 square feet of two-story office, which is located on an approximate 3.45-acre lot overlooking open area park and scenic creek views. The facility benefits from efficient six dock high & four grade level loading, heavy 2,200 amp, 480V power, adequate clear height & multiple divisibility options.

Marko stated “The property was purchased by an owner user who plans to renovate the property including major exterior upgrades & complete interior office overhaul. Upon completion of the renovations, the Buyer plans to occupy 42,000 SF (65%) of the premises and lease out the remaining 21,800 SF (35%) and maintain the residual income before eventually expanding into the entire building”.

Marko Dragovic, Isaac Little, Daniel Knoke and Peter Merz of Lee & Associates – North San Diego County represented both the Seller, NV Chartwell Investments, LP, and the Buyer, Nordic Naturals, Inc.

ABOUT LEE & ASSOCIATES
Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.