IDEAL SINGLE-TENANT INDUSTRIAL PROPERTY
* UNIQUE INDUSTRIAL OWNER-USER OR INVESTOR OPPORTUNITY | This property, which can be made immediately available, is a great fit for an owner-user given its newer construction, excess yard and infill location near multiple freeways. At the same time, this property provides a unique value-add opportunity for an investor and stabilizes at a 7.2% cap rate once it is leased up at market rent.
* HARD TO FIND | This is the only industrial building available for sale in all of Contra Costa County between 10,000-30,000 SF that sits on a parcel over 2 acres in size.
HIGHLY-VISIBLE FREEWAY LOCATION WITH IMMEDIATE ACCESS TO BAY AREA
* OWNER-USER BENEFITS | Over a 10-year period, an owner-user could save over $1,641,000 by purchasing this property as opposed to leasing it. Aside from the control and autonomy that comes from owning your own property, benefits to an owner-user include depreciation write-off, principal paydown and building appreciation.
* HIGH BARRIER TO ENTRY LOCATION | Central Contra Costa County is a highly sought-after submarket with a consistently low vacancy rate and infrequent purchase opportunities.
* EXCELLENT LOCATION NEAR FREEWAYS AND LARGE TRADE POPULATION | The property is located at the interchange of Interstate 680 and Highway 4 and has access to a population of 482,634 people and 26,872 businesses within a 10-mile radius.