701 Southampton Rd - Office FOR SALE


Benicia, CA 94510
$1,750,000 USD
925-988-0502
701 Southampton Rd, Benicia, CA for Sale
$1,750,000 USD
Office - FOR SALE
1/26
null | 6.24% Cap Rate

701 Southampton Rd
Benicia, CA 94510


HIGHLIGHTS

  • Pride of ownership building in highly desirable city
  • Rare opportunity in a supply constrained area
  • Irreplaceable location and identity
  • Fantastic opportunity for investor due to easy to rent spaces
  • Owner/user opportunity (SBA financing available)

OVERVIEW

701 Southampton Road, Benicia, CA is a two-story mixed use, commercial building completed in 1978, remodeled in 2005/2006 and impeccably maintained since then. The property is located at the intersection of Highway 780 and Southampton Road, one of the busiest intersections in Benicia. It is located across the street from The Southampton Shopping Center, anchored by Raleys, Ace Hardware, Dollar Tree, Chase, and Burger King. The proximity to transportation, services, and Downtown Benicia makes this a rare opportunity. Benicia is in Southern Solano County, 24 miles northeast of San Francisco, and 18 miles south of Napa. A waterfront city with a population of 28,000, Benicia is known for its small-town charm, history, and high quality of life with an abundance of leisure and recreational activities. Positioned between I-80 and I-680, residents have easy access to the East and North Bay regions. Top employers include Flatiron Construction Corporation, Valero Benicia Refinery, Cyclegear, Underground Construction, Benicia Unified School District, Therma-Flite, Delta Tech, Clean Harbors, SSA Marina, Anixter, and Bio-Rad Laboratories. The complex is a wood frame structure with a stucco exterior and wood trim. It sits on a concrete slab foundation and has a pitched, tile roof. The building was built with an eye toward low maintenance and attractive finishes. It offers excellent identity and visibility as well as easy access. The property has benefited from recent paint, parking lot resurfacing, and some ADA improvements. The building is occupied by local business owners that include insurance providers, service providers, counselors, and financial services. The spaces range from 159 square feet to 1,000 square feet, with currently 16 tenants. HIGHLIGHTS Year built 1978 Renovated 2005/2006 Lot size 43,996 square feet (Solano County Tax Assessor) Lot acres 1.01 acres (Solano County Tax Assessor) Building size 8,662 square feet (Solano County Tax Assessor) APN 087-011-810 County Solano Construction Wood frame, concrete slab, pitched, tile roof Stories Two Zoning Mixed Use Infill (MU-I)

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

MUI, Benicia

APN/PARCEL ID

0087-011-810

ASK ABOUT THIS PROPERTY

Shawn WillisIncome Property Services A.G.More Info
925-988-0502

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

Shawn WillisIncome Property Services A.G.More Info
925-988-0502

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