5729 Sonoma Dr - Warehouse FOR SALE


Pleasanton, CA 94566
$5,800,000 USD
408-966-5919
5729 Sonoma Dr, Pleasanton, CA for Sale
$5,800,000 USD
Warehouse - FOR SALE
1/25
null | Request Cap Rate

5729 Sonoma Dr
Pleasanton, CA 94566


HIGHLIGHTS

  • 21,238 SF Industrial Owner User/Investment Opportunity
  • Entire Building Can Be Occupied by an Owner User - All Leases Expire in 2024
  • 15.5’ – 17’ Foot Clear Height, 100 AMPS of Power Per Unit, 10 Grade Level Doors, Sprinklers
  • Brand New Roof in 2022
  • Located on Sonoma Dr off Sunol Blvd - Minutes from HWY 680
  • Strong Demographics with Household Incomes in Excess of $182,000 in a 1-Mile Radius

OVERVIEW

- Rare Owner-User/Investment opportunity to acquire an 21,238 square foot industrial building with 12 units on 1.15 acres. Entire 21,238 SF building can be occupied by an Owner User with the longest lease expiring in December of 2024. - Current average rent/SF is $1.67 gross. The property has short term under market leases, great value add multi-tenant opportunity to raise rents. - The property has 15.5’ – 17’ foot clear height, 100 AMPS of power per unit. - The property has 10 grade level roll up doors. - The property is Fully Sprinklered. - Each unit has its own HVAC unit as well as its own restroom. - Utilities are individually metered. - The property is in the industrial park (I-P) zoning designation which allows for light industrial uses. - The property has been exceptionally maintained; all units have been periodically renovated. - Brand new roof just replaced in November of 2022 with a renewable 10-year warranty. - The property is located on Sonoma Drive off Sunol Boulevard minutes from Highway 680. Extremely strong demographics with household incomes in excess of $182,000 in a 1-mile radius.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rare 21K SF Warehouse - Owner User

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.15

LAND SF

50,094

ZONING

I-P

APN/PARCEL ID

948-0009-004-01

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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