1950 N Loop Rd - Refrigeration Cold Storage FOR SALE


Alameda, CA 94502
$7,800,000 USD
510-465-8000
1950 N Loop Rd, Alameda, CA for Sale
$7,800,000 USD
Refrigeration Cold Storage - FOR SALE
1/9
null | Request Cap Rate

1950 N Loop Rd
Alameda, CA 94502


HIGHLIGHTS

  • State of the art ±4,350 square foot refrigerated storage system in place.
  • ± 2,840 Office Square Footage (potential of ±3,000 mezzanine office expansion.
  • New concrete-tilt-up (“CTU ”) construction built in 2007, with high finish shell improvements .

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to purchase a warehouse/manufacturing building within the provincial Bay Area community of Alameda, California. 1950 North Loop Road is a high functioning ±17,246 square foot building, with dock and grade level loading capabilities, ±2,840 square feet of executive offices, and an additional ±3,000 square feet of structural mezzanine ready for custom applications. ±4,350 aggregate square footage of three (3) independently controlled refrigerated storage areas, with ±3,650 SF capable of storage at 24’ clear height. This is the first time the building has been offered for sale since construction was completed in 2007, and it previously served as the corporate headquarters and primary distribution point for Pacific Rim Produce’s regional operations. The building’s unique design features, which includes 800 AMPS of power at 277/480V, allowed the current owner to install three (3) independently controlled refrigerated storage areas within the warehouse, and these multi-million-dollar capital improvements are intended to be delivered with the building at the close of escrow.

FOR SALE DETAILS

PRICE

$7,800,000 USD

PRICE/SF

$452 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.4

LAND SF

60,984

ZONING

C-M-PD

APN/PARCEL ID

074-1359-021-00

ASK ABOUT THIS PROPERTY

Ted AndersonCushman & WakefieldMore Info
510-465-8000

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Ted AndersonCushman & WakefieldMore Info
510-465-8000

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