Highlights
• Strong Tenant. • Lease Term 6 years remaining on lease term with one 5-year renewal option. • Single tenant, ±17,793 sq ft, consisting of 45% office space, 55% warehouse space with 24 feet clear height. Four (4) grade level doors. • Tenant Commitment to Location, been in the property since 2015, recently did 4 year early lease extension & invested $500,000 in interior improvements. • Annual Rent Increases 3% annual increase with 4% annual increase starting in December 2025. • Located in desirable Pleasanton Industrial market.
Description
Offer for sale, the opportunity to purchase a single tenant, ±17,793 square feet Industrial building located in Pleasanton, California. The property consists of 45% office space, 55% warehouse space and contains four (4) grade level doors with a parking ratio of 2.0 parking spaces for every 1,000 square feet.
Listing Details
- Cap Rate
5.27%
- Tenancy
Single
- Space Type
Industrial
- Sub Category
Warehouse
- Sale Type
Investment Sale
- Date Listed
11/21/2024
- Parking Info
2.02/1,000 SF
- Ceiling Height / Slab to Slab
24 Ft
- Net Rentable
17,793 SF
Property Specifics
- Property Name
500 Boulder Ct
- Property Class
B
- No of Buildings
1
- No of Stories
1
- Year Built
2001
- APN
946454723700 946454723600
- Zoning
IG-40, Pleasanton