Newman Industrial Plaza FOR SALE


Newman, CA
$3,234,000 USD
209-992-0953
, Newman, CA for Sale
$3,234,000 USD
FOR SALE
1/13
null | 4.85% Cap Rate

Newman Industrial Plaza
Newman, CA


HIGHLIGHTS

  • ±29,400 Total SF on ±3.54 Acres

OVERVIEW

• Multi-tenant investment opportunity of a small industrial plaza in Newman, California; Three (3) parcels totaling ±3.54 Acres • Potential for owner/user with investment income; rents below market average • Five (5) total buildings with 11 total units - ranging from 2,400-5,000 SF; 100% occupancy • Buildings constructed between 2006-08 • ±21,000 SF storage yard located at the rear of 2126 L Street is currently leased; potential for ±7,200 SF future building construction (utilities stubbed to front of location) • ±10,000 SF fenced storm drain retention basin at the rear of 670 Industrial Way • 20’ clearance height; 12’ x 14’ roll up doors; individually metered power per unit (800 Amps, 120/208v, 3-phase); fire sprinklers;

ASK ABOUT THIS PROPERTY

Steve DunnCushman & WakefieldMore Info
209-992-0953

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Steve DunnCushman & WakefieldMore Info
209-992-0953

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