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Abram Court 1650-1670 Abram Ct

10,000 SF 100% Leased Industrial Building San Leandro, CA 94577 £1,956,125 (£196/SF) 6.87% Net Initial Yield

Investment Highlights

  • High-demand, small tenant, light industrial/office/retail property, easy access to major freeway (880)

Executive Summary

High-demand, small tenant, light industrial/office/retail property, 100% leased (95% average over last 5 years) with opportunity for 20% owner occupancy starting in February 2025 and 60% owner occupancy possible by October 2025.
Easy access to major freeways, centrally located in the Bay Area between Oakland, San Francisco and San Jose.
Very broad list of permitted uses make redevelopment possible with some nearby property consolidation.

Property Facts

Price £1,956,125
Price Per SF £196
Sale Type Investment or Owner User
Net Initial Yield 6.87%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.54 AC
Rentable Building Area 10,000 SF
Number of Floors 1
Year Built 1966
Parking Ratio 3.78/1,000 SF
Clear Ceiling Height 12 ft
Level Access Doors 5

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 1650
  • 2,000 SF
  • Industrial
  • Full Build-Out
  • 30 Days

Light industrial/retail/warehouse space in convenient location. Excellent freeway access off I-880 at Marina Blvd. One roll-up at door/ground level.

Space Size Space Use Condition Available
1st Fl - 1650 2,000 SF Industrial Full Build-Out 30 Days

1st Fl - 1650

Size
2,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
30 Days

1st Fl - 1650

Size 2,000 SF
Space Use Industrial
Condition Full Build-Out
Available 30 Days

Light industrial/retail/warehouse space in convenient location. Excellent freeway access off I-880 at Marina Blvd. One roll-up at door/ground level.

Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079A-0338-001-28
Land Assessment
£814,061
Improvements Assessment
£1,139,685
Total Assessment
£1,953,746

zoning

Zoning Code IG (S) (Many uses allowed, including retail, up to 35' and 1.0 FAR. https://library.qcode.us/lib/san_leandro_ca/pub/zoning_code/item/title_2-chapter_2_12?vie)
IG (S) (Many uses allowed, including retail, up to 35' and 1.0 FAR. https://library.qcode.us/lib/san_leandro_ca/pub/zoning_code/item/title_2-chapter_2_12?vie)
  • Listing ID: 31459757

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 1650-1670 Abram Ct, San Leandro, CA 94577

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