2292 Faraday

The Property

• 2292 Faraday Avenue is an 18,848-square-foot, single-story Office and R&D building situated within the prestigious Carlsbad Research Center — one of North San Diego County's most sought-after commercial corridors. Built in 1986 and zoned C-M (Commercial Manufacturing), the building sits on a 59,677-square-foot lot and offers robust industrial specifications including 800-amp / 277/480-volt 3-phase power, an 11x11 drive-in door, 18-foot clear ceiling heights beneath drop ceilings, wet sprinklers, and 68 surface parking spaces. The building also features prominent monument and projected signage along Faraday Avenue, which sees approximately 16,948 vehicles per day, providing strong corporate visibility for any occupant.

What's Operating There Today

• The property currently houses an established executive office and serviced office operation that has been running continuously for over six years. Approximately 50% of the building is occupied by professional tenants generating active rental income. It is worth noting that the majority of existing tenants have expressed interest in longer-term leases — however, the current owners have intentionally kept all agreements on a month-to-month basis. This was done specifically to preserve full flexibility for the incoming owner, who may have their own plans for the space. The new owner can choose to offer longer-term leases, continue on month-to-month terms, or transition the space entirely — the decision is theirs to make from day one.

How You Will Receive the Property — Your Choice

• The building is currently configured and operated as a single contiguous unit. If the new owner wishes to continue using it that way — for their own operations, or as a single-tenant leased asset — no changes are required. However, if the new owner prefers to split the building into two distinct suites, the seller will complete a full physical separation into Suite A (11,308 SF) and Suite B (7,539 SF) prior to closing, at the seller's cost. This option is there if you want it — but it is entirely up to you. From there, the buyer selects one of three clearly-defined ownership paths:
• OPTION 1: Full Vacant Delivery: The seller arranges all existing occupants to vacate within 60 days of closing. You receive the entire 18,848 SF clean and ready for your own corporate use. OPTION 2: Hybrid Owner/User: The building is split into two suites. You immediately occupy Suite B (7,539 SF) for your own operations, while Suite A (11,308 SF) remains as a leased executive office operation — generating rental income that offsets your ownership costs from day one. OPTION 3: Turnkey Investment: You acquire both the building and the existing executive office business while it is actively operating — with six-plus years of history, an established client base, and rental income already coming in. As the new owner, you can hire a manager to run it on your behalf, bring in an operator to take it over, or sell the business to a third party, while Suite B is leased separately to another tenant. The seller provides up to 90 days of hands-on transition support to ensure a smooth handoff.
• SBA financing may be available depending on the ownership structure selected. Buyers are encouraged to consult with an SBA-approved lender to confirm eligibility based on their intended use.

Location

• Ideally positioned between Interstate 5 and Highway 78, the property offers direct access to North County beaches, Escondido, and Greater San Diego. McClellan-Palomar Airport is approximately 1.5 miles away, providing domestic and international connectivity through a less congested regional airport. The surrounding Carlsbad Research Center is home to a dense concentration of life science, biotechnology, medical device, and technology firms — including Scripps, Thermo Fisher Scientific, Abbott, Ionis Pharmaceuticals, and Viasat.

• Three clearly-defined ownership paths — take the building fully vacant, occupy part and lease the rest, or acquire the existing executive office business as a turnkey income-producing asset. You choose.
• • Seller completes suite separation prior to closing, at seller's cost — if the new owner wants the building split into two suites (11,308 SF + 7,539 SF), it is done before you close. No construction headaches, no post-closing surprises.
• • Six-plus years of operating history — an established executive office and serviced office operation is already in place, with an active client base and rental income currently being generated.
• • Full flexibility from day one — existing tenants are on month-to-month leases by design, giving the new owner complete control over how to configure, lease, or transition the space immediately upon closing.
• • Up to 90 days of seller transition support included for buyers acquiring the operating business.
• • 18,848 SF on a 59,677 SF lot in the heart of Carlsbad Research Center — one of North San Diego County's premier life science and technology corridors.
• • Heavy industrial power — 800-amp, 277/480-volt, 3-phase electrical system with drive-in door, 18-foot expandable ceiling height, and wet sprinkler system.
• • 68 surface parking spaces and 24-hour building access.
• • High-visibility signage — monument and projected signage along Faraday Avenue with approximately 16,948 vehicles per day.
• • Prime connectivity — 1.5 miles to McClellan-Palomar Airport, positioned between I-5 and Highway 78, with direct access to San Diego, Los Angeles, and North County.
• • World-class neighbors — adjacent to Scripps, Thermo Fisher Scientific, Abbott, Ionis Pharmaceuticals, and Viasat.
• • SBA financing may be available depending on the ownership structure selected. Buyers are encouraged to consult with an SBA-approved lender to confirm eligibility.