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Farwest 1848 Arnold Industrial Pl

20,850 SF Industrial Building Concord, CA 94520 $4,573,000 ($219/SF) 5.50% Cap Rate

Investment Highlights

  • Freeway Frontage, Secured yard area
  • DO NOT DISTURB THE TENANT - Call Dave Granger to tour
  • Potential Owner Occupant if tenant doesn't exercise their option to renew in 2026

Executive Summary

Rare opportunity to Purchase this freeway frontage 20,850 square foot free standing metal and block building. Situated on 1.31.+/- acres. Occupied by SCP Pool Distributors since 2001. Excellent location with great freeway access to Highways 4, 242 & Interstate I-680.

Property Facts In Escrow

Price $4,573,000
Price Per SF $219
Sale Type Investment NNN
Cap Rate 5.50%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.31 AC
Rentable Building Area 20,850 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • 24 Hour Access
  • Fenced Lot

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - County
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
110-120-043-2
Land Assessment
$193,608
Improvements Assessment
$919,265
Total Assessment
$1,112,873

zoning

Zoning Code Light Industrial
Light Industrial
  • Listing ID: 32806816

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 1848 Arnold Industrial Pl, Concord, CA 94520

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