1056 Serpentine Ln - Warehouse FOR SALE


Pleasanton, CA 94566
$6,000,000 USD
408-221-1474
1056 Serpentine Ln, Pleasanton, CA for Sale
$6,000,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

1056 Serpentine Ln
Pleasanton, CA 94566


HIGHLIGHTS

  • 100% leased industrial building
  • Great clear height at up to 20'
  • Two tenant building split in half for ideal future owner/user
  • Great loading with 3 grade level doors

OVERVIEW

Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 1056 Serpentine Lane, Pleasanton, CA (“the Property”), a 24,100 square foot industrial investment opportunity located in highly desirable Pleasanton, California. The building has had a long-standing history of stable occupancy as tenant turnover is low and is located in the Tri-Valley which is of a constrained industrial market. At 100% leased with a diverse tenant base, the Property offers investors a rare opportunity to purchase an industrial building with significant upside in the form of under market in-place rents and substantial re-tenant potential. 1056 Serpentine Lane offers a ±2.0 per 1,000 square foot parking ratio on ±1.16 acres of land. 1056 Serpentine Lane is walking distance to Tri-Valley Wheels bus line route 56, 3½ miles from the Pleasanton BART stations, less than 3 miles from Interstate 580 and less than 4 miles from Interstate 680.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

48

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

-

APN/PARCEL ID

946-4547-113-00,946-4547-114-00

ASK ABOUT THIS PROPERTY

Sutton RoleyCushman & WakefieldMore Info
408-221-1474

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Sutton RoleyCushman & WakefieldMore Info
408-221-1474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.