440 Watt Dr - Warehouse FOR SALE


Fairfield, CA 94534
$6,795,000 USD
916-724-1331
440 Watt Dr, Fairfield, CA for Sale
$6,795,000 USD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

440 Watt Dr
Fairfield, CA 94534


HIGHLIGHTS

  • Seller Financing Available – 5 Years, 4.5% Interest, 60% LTV (Negotiable)
  • Prime Location at the Confluence of I-80, I-680, and Hwy-12
  • Leased to Long-Term Tenant at Below-Market Rents
  • Tall Clear Heights, 1,200 Amps Power, Insulated & Fire Sprinklered
  • Loading Docks in Front & Rear of Building

OVERVIEW

Marcus & Millichap has been selected to exclusively market for sale 440 Watt Drive in Fairfield, CA. This well-located investment property has been leased to the same tenant since 1995, and is being offered well below replacement cost. 440 Watt Drive consists of a concrete tilt-up industrial warehouse totaling approximately 45,300 square feet on a ±2.19 Acre lot. The property has 1,200 Amps of power, 20’7” clear heights, five dock positions, and two grade-level doors. The property’s irreplaceable location at the junction of I-80, I-680, and Hwy-12 provides tenants ease of access to Napa, San Francisco, and Sacramento and offers tenants an affordable alternative to industrial space in Napa County, San Francisco, and the East Bay. This offering represents an opportunity to acquire a high-quality concrete-tilt building with a stable tenant in an excellent location, all substantially below replacement cost.

FOR SALE DETAILS

PRICE

$6,795,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

20.583333333333332 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.19

LAND SF

95,396

ZONING

Limited Industrial (IL)

APN/PARCEL ID

0180-140-150

ASK ABOUT THIS PROPERTY

James BeeghlyMarcus & MillichapMore Info
916-724-1331

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James BeeghlyMarcus & MillichapMore Info
916-724-1331

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