213-613-3053
5120 Glacier St, Lathrop, CA for Sale
Industrial - FOR SALE
1/1
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5120 Glacier St
Lathrop, CA 95330


HIGHLIGHTS

  • Class A Cross Dock Building
  • Located within a flagship project at the Junction of I-15 and SR-120
  • 100% leased to Wayfair (NYSE:W) through October 2029 with 56% below market rent

OVERVIEW

CBRE, Inc. is exclusively offering the opportunity to acquire Tripoint Logistics Center Bldg 1, a Class A, cross-dock industrial building totaling 1,135,653 SF in the city of Lathrop, CA. Located within a 300-acre master planned logistics park, the site is 100% leased to Fortune 500 company, Wayfair, LLC, (NYSE: W) through October 2029 with 46% below market rent. The property is strategically located at the junction of I-5 and SR-120 which provides direct access to the densely populated and affluent Bay Area. The building is in the sweet spot of the Central Valley market where there is 0.0% vacancy for buildings 1M SF and 44% of all user requirements (based on total SF) are in the 1M SF+ size range. Tripoint Logistics Center Bldg 1 features rare 40’ warehouse clearance. Only 14 buildings in the Central Valley are greater than 1M+ SF and only 10 of these 14 buildings offer 40’+ clearance.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tripoint Logistics Center Building 1

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

UTILITIES

-

CLEAR CEILING HT

40 Ft

DOCKS

169

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Specific Plan; Industrial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

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Rebecca PerlmutterCBRE, Inc.More Info
213-613-3053

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