5500 E 2nd St - R&D FOR SALE


Benicia, CA 94510
$16,000,000 USD
707-486-2844
5500 E 2nd St, Benicia, CA for Sale
$16,000,000 USD
R&D - FOR SALE
1/8
null | Request Cap Rate

5500 E 2nd St
Benicia, CA 94510


HIGHLIGHTS

  • Prominent I-680 Visibility to 168,000 cars daily (2017 per CalTrans) traveling in both directions

OVERVIEW

The Offering: A ±63,108 square foot vacant Flex/R&D building located in Benicia, situated in South Solano County and adjacent to Contra Costa County in Northern California. The property is an ideal owner/user opportunity, Life Science, R&D or office property that can be leased or purchased. Real Estate/Area Strengths: The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6% Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

3

PARKING SPACES

90

LAND DETAILS

LAND ACRES

4.02

LAND SF

175,111

ZONING

IP

APN/PARCEL ID

0080-240-040

ASK ABOUT THIS PROPERTY

707-486-2844

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707-486-2844

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