INVESTMENT OFFERING
3508 San Pablo Dam Road EL SOBRANTE, CA
OAD AM R D O PABL SAN
JOE YAMIN
Senior Vice President +1 510 433 5812
[email protected] CA License No. 01327666
ROBERT “CHET” BARNEY Senior Vice President +1 510.433.5811
[email protected] CA License No. 01111364
COLLIERS INTERNATIONAL
1999 Harrison Street, Suite 1750 Oakland, CA 94612 United States www.colliers.com/oakland
PROPERTY OVERVIEW The Property consists of two buildings, a freestanding office building of approximately ±5,924 square feet and a separate freestanding shop building of approximately ±2,250 square feet on a total parcel of approximately ±1.07 acres. Approximately 7,000 sq. ft. of the site is unimproved and slopes away from the Property – this has resulted in a useable net area of approximately ±40,000 sq. ft. The remained of the site is half concrete and half asphalt. The office building fronts on San Pablo Dam Road features great exposure / visibility from a retail perspective. The shop building has three (3) roll up doors / services bays and is currently being used largely for warehousing and storage. The yard area is fully fenced, paved and secured and offers ingress/egress via San Pablo Dam Road.
NOVATO
VALLEJO
SON
OM AC O. MAR IN C O.
3508 San Pablo Dam Road, El Sobrante
BENECIA
SOLANO CO
.
CO M NT AR R A IN CO CO . ST S CO .
MARTINEZ
HERCULES
OFFERING SUMMARY
SAN RAFAEL
PLEASANT HILL EL CERRITO
MILL VALLEY
ALAMO PIEDMONT
.
O
CO
TE
A
MA
.
CO
FOSTER CITY
SAN MATEO
NEWARK
MENLO PARK
CONTACT US
PALO ALTO
Pacific Ocean
MIL MTN. VIEW
JOE YAMIN
SANTA CLARA LOS ALTOS
PORTOLA VALLEY MAT
Senior Vice President
EO
+1 510 433 5812
CO.
[email protected] Price NET OPERATING INCOME YR. 1 CAP RATE LEASE TERM OPTION TERM LEASE TYPE LEASE EXPIRATION
LOS GATOS
CAMBELL
CA License No. 01327666
ROBERT “CHET” BARNEY Senior Vice President +1 510.433.5811 CA License No. 01111364
$1,800,000 $93,000 $5.17% 5 Years 3 Years (1) Triple Net May 31, 2022
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S MU A
SUNNYVA CUPERTINO
[email protected] INVESTMENT SUMMARY
FREM
REDWOOD CITY
SAN
RENTABLE AREA (SF) CURRENT OCCUPANCY ZONING PARKING YEAR BUILT CONSTRUCTION TYPE APN SITE AREA
UNION CITY
HALF MOON BAY
3508 San Pablo Dam Road El Sobrante CA ±8,174 total in 2 buildings 100% Light Commercial (C-1) Yard Area / Off Street 1961 Masonary (office) Metal (shop) 420-130-007-8 ±1.07 Acres
HAYWARD
ED
N
SAN BRUNO San Francisco International Airport BURLINGAME
HILLSBOROUGH
DUBL
AM
MILLBRAE
SAN LORENZO
San Francisco Bay SA
SOUTH SAN FRANCISCO
CASTRO VALLEY
AL
PACIFICA
CO.
DALY CITY
DANVILLE
STA CO. ALAMEDA CO.
SAN LEANDRO
ALAMEDA
Oakland International Airport
BRISBANE
CONTRA CO
OAKLAND
CO CIS
SAN FRANCISCO
SAN CARLOS
BUILDING ADDRESS
ORINDA
LAFAYETTE
SAUSALITO
BELMONT
PROPERTY SUMMARY
WALNUT C
BERKELEY
N FRA SAN
The Property is 100% leased to one (1) tenant, providing an investor a stable income stream with little management. Historically the Property has maintained steady occupancy and required minimal landlord turnover costs.
Buchanan Fie CONCORD
PACHECO
SAN PABLO
RICHMOND
Colliers International, as Exclusive Advisor, is pleased to present the opportunity to acquire 3508 San Pablo Dam Road Road (“The Property”) located in El Sobrante, California. The Property consists of a freestanding masonary office building totaling approximately 5,924 square feet and a freestanding metal shop/storage building of approximately 2,250 square feet on approximately 1.07 acres of land. The Property is located in the heart of El Sobrante about 1 mile from Highway 80. This close proximity to Interstate 80 allows convenient access to San Francisco and the greater East Bay area. There is a Five (5) year lease with one (1) three (3) year lease renewal option.
SOLANO CO. CONTRA COSTA CO.
COLLIERS INTERNATIONAL
1999 Harrison Street, Suite 1750 Oakland, CA 94612 United States www.colliers.com/oakland