By Lilly Riddle
A building in North County’s Carlsbad Research Centerhas been listed for sale. The 54,351-square-foot building, situated on 3.5 acres at 5935 Darwin Court, has an asking price of $17.4 million and represents an opportunity for both owner/users and investors, according to a marketing brochure from CBRE. It is currently owned by an entity affiliated with Pacific Development Partners, a privately held commercial and multifamily real estate investment and development company based in Los Angeles.
Carlsbad, which is known for its coastal location, has attracted a diverse range of businesses, according to the marketing brochure. The city boasts the largest concentration of credit tenants in North County, with companies such as Callaway Golf, Titleist, Nixon, Taylor Made, Thermo Fisher Scientific, Novartis, GoPro, Arrowhead Insurance, Mercedes Benz and ViaSat all maintaining a presence in the area. The property’s location within the Carlsbad Research Center places it in the midst of this business community, providing networking and collaboration opportunities.
The building itself features a modern office design with extensive glass lines that allow for natural light and create an open work environment. Flexible layouts cater to various workspace configurations, while the recent renovation, including exterior paint accents, monument signage and landscaping, enhances the property’s overall appeal and curb presence.
Flexibility extends beyond office space, with the property offering a parking ratio of 3.6 per 1,000 square feet. The building also has a high power capacity, as well as a loading area equipped with a scissor lift and warehouse space, making it suitable for a variety of uses beyond traditional office space, such as research and development or light manufacturing.
Originally built in 2005 and renovated in 2024, and with access to Palomar Airport Road — Carlsbad’s major thoroughfare averaging more than 32,000 cars per day — the building has high visibility and accessibility. Additionally, the property is located 2.3 miles from Interstate 5, providing access to all of Southern California, and is adjacent to McClellan-Palomar Airport.
For owner/users, the building presents an opportunity to establish a corporate headquarters with an estimated low after-tax occupancy cost. This is facilitated by SBA financing options requiring 10 percent down, making ownership more accessible to a wider range of businesses.
Matt Pourcho, Anthony DeLorenzo, Matt Harris, Casey Sterk, Nick Williams, Dennis Visser, Matty Sundberg, Don Trapani and Kyle Wilson of CBRE are leading the marketing efforts for this property.
