4300 & 4339 Jetway Ct. North Highlands C FOR SALE


North Highlands, CA
$12,200,000 USD
415-596-4029
, North Highlands, CA for Sale
$12,200,000 USD
FOR SALE
1/6
null | 5.25% Cap Rate

4300 & 4339 Jetway Ct. North Highlands C
North Highlands, CA


HIGHLIGHTS

  • Basis significantly below replacement cost
  • Mission Critical: Tenant is the largest door manufacturer in California and Nevada, output from this location
  • Below market rent: Rent is currently ~50% below market
  • Landlord responsible for roof and structure, with roof replacements completed in 2021
  • BFS with option to extend their lease through 2034
  • Prime Industrial Investment: Triple Net Leased Property backed by Builders FirstSource (Nasdaq: BLDR) with market cap of ~$14B.

OVERVIEW

Introducing the compelling portfolio sale of 4300 and 4339 Jetway Court, a prime industrial investment offering a combined 107,908 square feet of strategically positioned space across a substantial 4.91-acre parcel. This offering presents a unique opportunity to acquire a "Best in Class" net-leased property, anchored by Builders FirstSource (Nasdaq: BLDR), a leading door manufacturing supplier for California and Nevada. This mission-critical manufacturing and distribution center stands at the confluence of I-80, I-5, Watt Avenue, and Auburn Boulevard, boasting an impressive 609,800 Average Annual Daily Traffic (AADT). This exceptional accessibility provides a distinct logistical advantage, ensuring seamless operations and maximizing distribution efficiency.

ASK ABOUT THIS PROPERTY

Chad ElkinChad Mitchell Associates, Inc.More Info
415-596-4029

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Chad ElkinChad Mitchell Associates, Inc.More Info
415-596-4029

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