This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
5500 E 2nd St
63,108 SF Light Industrial Building Benicia, CA 94510 £12,624,000 (£200/SF)
Investment Highlights
- Prominent I-680 Visibility to 168,000 cars daily (2017 per CalTrans) traveling in both directions
Executive Summary
R&D or office property that can be leased or purchased.
Real Estate/Area Strengths:
The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry
Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6%
Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities
Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties
Property Facts
| Price | £12,624,000 | Rentable Building Area | 63,108 SF |
| Price Per SF | £200 | Number of Floors | 2 |
| Sale Type | Investment or Owner User | Year Built | 1987 |
| Property Type | Light Industrial | Tenancy | Single |
| Property Subtype | R&D | Parking Ratio | 1.43/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 4.02 AC | Level Access Doors | 3 |
| Price | £12,624,000 |
| Price Per SF | £200 |
| Sale Type | Investment or Owner User |
| Property Type | Light Industrial |
| Property Subtype | R&D |
| Building Class | B |
| Lot Size | 4.02 AC |
| Rentable Building Area | 63,108 SF |
| Number of Floors | 2 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 1.43/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| Level Access Doors | 3 |
Amenities
- Bio-Tech/ Lab Space
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The Offering: A ±63,108 square foot vacant Flex/R&D building located in Benicia, situated in South Solano County and adjacent to Contra Costa County in Northern California. The property is an ideal owner/user opportunity, Life Science, R&D or office property that can be leased or purchased. Real Estate/Area Strengths: The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6% Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties
The Offering: A ±63,108 square foot vacant Flex/R&D building located in Benicia, situated in South Solano County and adjacent to Contra Costa County in Northern California. The property is an ideal owner/user opportunity, Life Science, R&D or office property that can be leased or purchased. Real Estate/Area Strengths: The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6% Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 31,554 SF | Industrial | Full Build-Out | Now |
| 2nd Floor | 31,554 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 31,554 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 31,554 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 31,554 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
The Offering: A ±63,108 square foot vacant Flex/R&D building located in Benicia, situated in South Solano County and adjacent to Contra Costa County in Northern California. The property is an ideal owner/user opportunity, Life Science, R&D or office property that can be leased or purchased. Real Estate/Area Strengths: The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6% Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties
2nd Floor
| Size | 31,554 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
The Offering: A ±63,108 square foot vacant Flex/R&D building located in Benicia, situated in South Solano County and adjacent to Contra Costa County in Northern California. The property is an ideal owner/user opportunity, Life Science, R&D or office property that can be leased or purchased. Real Estate/Area Strengths: The Bay Area is the hottest biotech market in the world accounting for over 40% of the global biotech industry Benicia Industrial Park has a low vacancy rate and a strong tenant mix. Overall market vacancy for Solano and Napa counties as of 7/28/2022 is ±.6% Excellent access to critical transportation arterials such as I-80, 680, and Highway 4 — strong product distribution and labor access capabilities Next to large potential labor pools coming from UC Davis and UC Berkeley biomedical graduate programs. Reverse commute from Contra Costa and Alameda Counties
PROPERTY TAXES
| Parcel Number | 0080-240-040 | Improvements Assessment | £7,613,706 |
| Land Assessment | £2,537,901 | Total Assessment | £10,151,607 |
PROPERTY TAXES
zoning
| Zoning Code | IP (Industrial Park) |
| IP (Industrial Park) |
-
Power Broker Brooks Pedder -
Power Broker Tony Binswanger -
Matt Post -
CBRE
Presented by
5500 E 2nd St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.