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1369-1373 Lowrie Ave

33,000 SF 100% Leased Industrial Building South San Francisco, CA 94080 For Sale

Warehouses California South San Francisco 1369-1373 Lowrie Ave, South San Francisco, CA 94080

Investment Highlights

  • +/-33,000 SF Multi-Tenant Warehouse Facility
  • WALT +/-3 Years
  • Heavy Power and Large Gas Lines
  • Occupied by Two Tenants with Below Market Rents
  • Rare USDA Approved Baking Facility
  • Close to San Francisco and SF International Airport

Executive Summary

Very rare value-add property for sale in South San Francisco. 20 ft. High Ceilings, Heavy Power, Sprinklers, Floor Drains and off-street parking are found in this building. Current tenants include an electrician and a USDA approved baking facility. Both Tenants are paying below market rate rents. Tenant leases terminate in August 2024 (Electrician) and August 2027 (Bakery). This leaves a WALT of a little over 3 years. With a low vacancy rate, this is a great building and location available in a difficult market to enter.

Attachments

1373+Lowrie+SSF+SAIM_Ext+05-01-2024

Property Facts

Sale Type Investment NNN Rentable Building Area 33,000 SF
Sale Conditions 1031 Exchange No. Stories 1
Property Type Industrial Year Built 1971
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
 Parking Ratio 0.59/1,000 SF
Building Class C Clear Ceiling Height 20 FT
Lot Size 1.00 AC No. Drive In / Grade-Level Doors 5
Sale Type Investment NNN
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class C
Lot Size 1.00 AC
Rentable Building Area 33,000 SF
No. Stories 1
Year Built 1971
Parking Ratio 0.59/1,000 SF
Clear Ceiling Height 20 FT
No. Drive In / Grade-Level Doors 5

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Links

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PROPERTY TAXES

Parcel Number 015-115-430 Improvements Assessment $1,444,865
Land Assessment $3,723,826 Total Assessment $5,168,691

PROPERTY TAXES

Parcel Number
015-115-430
Land Assessment
$3,723,826
Improvements Assessment
$1,444,865
Total Assessment
$5,168,691

zoning

Zoning Code MH0M2, San Francisco (Light Manufacturing zoning allowing for multiple uses from distribution centers to baking and other light industrial uses.)
MH0M2, San Francisco (Light Manufacturing zoning allowing for multiple uses from distribution centers to baking and other light industrial uses.)
(650) 876-0300

  • Listing ID: 31662710

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 1369-1373 Lowrie Ave, South San Francisco, CA 94080

More public record information on 1369-1373 Lowrie Ave, South San Francisco, CA 94080

The Industrial Property at 1369-1373 Lowrie Ave, South San Francisco, CA 94080 is currently available For Sale. Contact SPEERY - AIM Commercial Real Estate for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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1369-1373 Lowrie Ave, South San Francisco, CA for sale Primary Photo- Image 1 of 10
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1369-1373 Lowrie Ave, South San Francisco, CA for sale Building Photo- Image 2 of 10
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1369-1373 Lowrie Ave, South San Francisco, CA for sale Building Photo- Image 3 of 10
1369 Lowrie Ave
1369-1373 Lowrie Ave, South San Francisco, CA for sale Interior Photo- Image 4 of 10
Partial Baking Area
1369-1373 Lowrie Ave, South San Francisco, CA for sale Interior Photo- Image 5 of 10
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1369-1373 Lowrie Ave, South San Francisco, CA for sale Building Photo- Image 6 of 10
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1369-1373 Lowrie Ave
(650) 876-0300 x

1369-1373 Lowrie Ave

David Collantes

(650) 876-0300

(650) 876-0300

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