500 Boulder Ct, Pleasanton, CA 94566

17,793 SF | Industrial Building | Pleasanton, CA 94566 | $7,180,000 ($404/SF) | 5.27% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $7,180,000

Property Type
Industrial
Price / Square Foot
$404

Listing Contacts

Thomas Todd
Thomas Todd
Verified Profile
Gabe Regalado
Gabe Regalado
Verified Profile
  • Property Info

Property Overview

Offer for sale, the opportunity to purchase a single tenant, ±17,793 square feet Industrial building located in Pleasanton, California. The property consists of 45% office space, 55% warehouse space and contains four (4) grade level doors with a parking ratio of 2.0 parking spaces for every 1,000 square feet.

Property Details

Class
B
Year Built
2001
Stories
1
Property Subtype
Distribution

Highlights

  • Strong Tenant.
  • Tenant Commitment to Location, been in the property since 2015, recently did 4 year early lease extension & invested $500,000 in interior improvements
  • Lease Term 6 years remaining on lease term with one 5-year renewal option.
  • Annual Rent Increases 3% annual increase with 4% annual increase starting in December 2025.
  • Single tenant, ±17,793 sq ft, consisting of 45% office space, 55% warehouse space with 24 feet clear height. Four (4) grade level doors.
  • Located in desirable Pleasanton Industrial market.

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