Dutra Enterprises Inc. is selling a six-property portfolio in Fremont, California. While a bulk sale is preferred, offers for individual assets will be considered. This offering encompasses the properties at 5020 Brandin Court, 5070 Brandin Court, and 5000 Brandin Court.
The Brandin Court Properties comprises two industrial buildings containing 132,856 square feet of net rentable area. Each building has a similar type and quality of construction, with a two-story office space and a single-story warehouse and manufacturing area. The buildings feature concrete tilt-up exterior walls on a concrete slab foundation and a flat roof with a built-up composition roof covering. The roof houses HVAC equipment for the building, with a roof height of approximately 22 feet and a clear ceiling height of 20 feet. Interior features in the office area include painted drywall, carpeting or ceramic tile floor covering, and dropdown acoustic tile ceilings. The office space on the first and second floors has a ceiling height of approximately 10 feet. The office space generally includes private offices, conference rooms, restrooms, and open office areas. Each building has one elevator, in addition to a stairwell, to access the second-floor office. Plus, there is a fire sprinkler system in both properties. In great condition, these marvelous assets were built in 1985.
5020 Brandin Court is occupied by two tenants. Uni-Fab Companies leases the entire first floor, consisting of 62,202 square feet, of which 16,597 square feet is office space (26.7%) and 45,605 square feet is warehouse/manufacturing space. Paragon Genomics occupies the 14,397-square-foot second-floor space, containing approximately 5,759 square feet of finished office space (40.0%) and the remaining area of mostly lab space.
5070 Brandin Court is occupied by one tenant, La Mesa RV. The entire building contains 56,257 square feet, of which 23,726 square feet is office space (42.2%) and 32,531 square feet is warehouse/manufacturing space. The tenant leases the approximate 10,763-square-foot second-floor office space, which is currently unused. Most of the second floor is open office space, with a few private offices and restrooms.
5000 Brandin Court is a gated parking lot used by La Mesa RV (RecVan).
The Brandin Court properties are in a predominantly developed neighborhood with existing and new industrial properties. Other complementary land uses of the site include retail and office space, which are also present in the surrounding areas. The economic indicators within the neighborhood are strong, with high median household income and home values.