For Sale / Sold
Industrial Properties

WAREHOUSE FOR OWNER-USER

Street Address: 937 75th Avenue, Oakland, CA
Price: $1,100,000 (In Escrow)

 

PROPERTY OVERVIEW
Rare opportunity for an owner-user or investor to purchase a unique warehouse/office building located in both Oakland's Green Zone and Opportunity Zone. With plenty of room to expand, this block construction building built in 1991 originally for use as a film studio comprises approximately ±3,289 square feet of usable space situated on a ±16,891 SF (0.39 AC) corner lot.


LOCATION OVERVIEW
The property is conveniently located 0.4 miles from the Coliseum BART station and has easy access to I-880, Oakland Airport, and Hegenberger Road. It is in the City of Oakland's Green Zone and Opportunity Zone. As a result, all cannabis related uses except for volatile manufacturing are eligible for permit application (buyer to verify).


EXPANSION POTENTIAL
The building is currently 1/3 warehouse (±14.5 ft clearance) and 2/3 office containing a full kitchen and two bathrooms. With expansion in mind the original construction drawings show a second story and a larger footprint, which if built, could qualify for the Opportunity Zone tax break (buyer to verify). CIX-2 zoning allows for a FAR of 2.0/4.0 with a maximum height limit of 55 ft.

FOR BROCHURE CLICK HERE

CORE BAY AREA NNN INDUSTRIAL CENTER

Street Address: 2483-2495 Washington Ave, San Leandro, CA
Price: $6,000,000 (Sold)

 

PROPERTY OVERVIEW

+    100% leased to 6 tenants
+    Industrial Gross leases
+    Strong cash flow from tenants with long history 
+    Stable cash-flow
+    Traditionally very low vacancy


BUILDING OVERVIEW

+    Building Size: +/-43,897 SF industrial building
+    Parcel: +/-1.89 acre lot (82,328 sf)
+    Built: 1948 (Roof 2005 foam roof covering +$150k)
+    Building Fully Sprinklered
+    7 Individual Units
+    Zoning: Industrial Park (assembly use)
+    APN: 74-84-15-2
+    Great Street Visibility
+    Great Access to I-880 (1.3 miles) via Marina Blvd


MAJOR REMODEL 2005
+$1.45M remodel in 2005 including facade' and roof

 

CONDOMINIUM CONVERSION
+Construction compatible to Condominium Conversion

FOR BROCHURE CLICK HERE

SKY HIGH SPORTS INDOOR TRAMPOLINE PARK, STNL

Street Address: 1631 Challenge Drive, Concord, CA
Price: $6,500,000 (Sold)

 

•    Single Tenant NNN investment sale
•    Closed - March 5th, 2019
•    Building Size: 24,000 SF on 1.46 acres
•    $6,500,000 (all-cash, no loan)
•    Current NOI $540,0000
•    Cap Rate: 8.30%
•    15 year NNN lease thru April 2032 (13 yrs remaining)
•    5% rent increases 5/22 & 5/27
•    Seller - Privately held investment fund
•    Buyer - Sought secure long term cash flow

FOR BROCHURE CLICK HERE

SUNBELT RENTALS WAREHOUSE & SERVICE CENTER

Street Address: 1801 Walters Court, Fairfield, CA
Price: $3,632,967 (Sold)

 

•    Single Tenant NNN investment sale
•    Closed - April 9th, 2019
•    Building Size: 14,030 SF on 3.07 acres
•    $3,632,967 (all-cash, no loan)
•    Current NOI $205,992
•    3% annual increases
•    Cap Rate: 5.67%
•    New 10 year NNN lease thru Oct 2027 (2 x 5 yr options)
•    Seller - Privately held investment fund
•    Buyer - Sought stable long term cash flow.
•    Noteworthy - part of a 2 building reverse 1031X.

FOR BROCHURE CLICK HERE

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