NEW PRICE - 21K SF Owner User/Investment Opp
21,238 SF | 83% Leased | Industrial Building | Pleasanton, CA 94566 | $5,800,000 ($273/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,800,000
- Property Type
-
Industrial
- Price / Square Foot
- $273
Listing Contacts
David Taxin
Verified Profile
Jeremy Awdisho
Verified Profile
- Property Info
Property Overview
- Rare Owner-User/Investment opportunity to acquire an 21,238 square foot industrial building with 12 units on 1.15 acres. Entire 21,238 SF building can be occupied by an Owner User with the longest lease expiring in December of 2024.
- Current average rent/SF is $1.67 gross. The property has short term under market leases, great value add multi-tenant
opportunity to raise rents.
- The property has 15.5’ – 17’ foot clear height, 100 AMPS of power per unit.
- The property has 10 grade level roll up doors.
- The property is Fully Sprinklered.
- Each unit has its own HVAC unit as well as its own restroom.
- Utilities are individually metered.
- The property is in the industrial park (I-P) zoning designation which allows for light industrial uses.
- The property has been exceptionally maintained; all units have been periodically renovated.
- Brand new roof just replaced in November of 2022 with a renewable 10-year warranty.
- The property is located on Sonoma Drive off Sunol Boulevard minutes from Highway 680. Extremely strong demographics with household incomes in excess of $182,000 in a 1-mile radius.
- Current average rent/SF is $1.67 gross. The property has short term under market leases, great value add multi-tenant
opportunity to raise rents.
- The property has 15.5’ – 17’ foot clear height, 100 AMPS of power per unit.
- The property has 10 grade level roll up doors.
- The property is Fully Sprinklered.
- Each unit has its own HVAC unit as well as its own restroom.
- Utilities are individually metered.
- The property is in the industrial park (I-P) zoning designation which allows for light industrial uses.
- The property has been exceptionally maintained; all units have been periodically renovated.
- Brand new roof just replaced in November of 2022 with a renewable 10-year warranty.
- The property is located on Sonoma Drive off Sunol Boulevard minutes from Highway 680. Extremely strong demographics with household incomes in excess of $182,000 in a 1-mile radius.
Property Details
- Class
- B
- Year Built
- 1986
- Stories
- 2
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 50,094 SF
Highlights
- 21,238 SF Industrial Owner User/Investment Opportunity
- Entire Building Can Be Occupied by an Owner User - All Leases Expire in 2024
- 15.5’ – 17’ Foot Clear Height, 100 AMPS of Power Per Unit, 10 Grade Level Doors, Sprinklers
- Brand New Roof in 2022
- Located on Sonoma Dr off Sunol Blvd - Minutes from HWY 680
- Strong Demographics with Household Incomes in Excess of $182,000 in a 1-Mile Radius
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