1950 N Loop Rd
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1950 N Loop Rd
17,246 SF 100% Leased Industrial Building Alameda, CA 94502 $7,800,000 ($452.28/SF)
INVESTMENT HIGHLIGHTS
- State of the art ±4,350 square foot refrigerated storage system in place.
- New concrete-tilt-up (“CTU ”) construction built in 2007, with high finish shell improvements .
- ± 2,840 Office Square Footage (potential of ±3,000 mezzanine office expansion.
EXECUTIVE SUMMARY
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to purchase a warehouse/manufacturing building within the provincial Bay Area community of Alameda, California. 1950 North Loop Road is a high functioning ±17,246 square foot building, with dock and grade level loading capabilities, ±2,840 square feet of executive offices, and an additional ±3,000 square feet of structural mezzanine ready for custom applications. ±4,350 aggregate square footage of three (3) independently controlled refrigerated storage areas, with ±3,650 SF capable of storage at 24’ clear height.
This is the first time the building has been offered for sale since construction was completed in 2007, and it previously served as the corporate headquarters and primary distribution point for Pacific Rim Produce’s regional operations. The building’s unique design features, which includes 800 AMPS of power at 277/480V, allowed the current owner to install three (3) independently controlled refrigerated storage areas within the warehouse, and these multi-million-dollar capital improvements are intended to be delivered with the building at the close of escrow.
This is the first time the building has been offered for sale since construction was completed in 2007, and it previously served as the corporate headquarters and primary distribution point for Pacific Rim Produce’s regional operations. The building’s unique design features, which includes 800 AMPS of power at 277/480V, allowed the current owner to install three (3) independently controlled refrigerated storage areas within the warehouse, and these multi-million-dollar capital improvements are intended to be delivered with the building at the close of escrow.
PROPERTY FACTS
| Price | $7,800,000 | Lot Size | 1.40 AC |
| Price Per SF | $452.28 | Rentable Building Area | 17,246 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2007 |
| Property Subtype | Refrigeration/Cold Storage | Parking Ratio | 1.22/1,000 SF |
| Building Class | B | Clear Ceiling Height | 24’ |
| Price | $7,800,000 |
| Price Per SF | $452.28 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Refrigeration/Cold Storage |
| Building Class | B |
| Lot Size | 1.40 AC |
| Rentable Building Area | 17,246 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 1.22/1,000 SF |
| Clear Ceiling Height | 24’ |
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PROPERTY TAXES
| Parcel Number | 074-1359-021-00 | Improvements Assessment | $3,306,891 |
| Land Assessment | $875,622 | Total Assessment | $4,182,513 |
PROPERTY TAXES
Parcel Number
074-1359-021-00
Land Assessment
$875,622
Improvements Assessment
$3,306,891
Total Assessment
$4,182,513
ZONING
| Zoning Code | C-M-PD (Commercial, light manufacturing) |
| C-M-PD (Commercial, light manufacturing) |
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1950 N Loop Rd
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