2025-2027 Newcomb Ave | 2025-2035 Newcomb Ave
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!
2025-2027 Newcomb Ave 2025-2035 Newcomb Ave
42,497 SF 29% Leased Industrial Building San Francisco, CA 94124 $9,300,000 ($219/SF)
Investment Highlights
- 25% of the project is leased to the City of San Francisco at rents that are significantly below market. The Moody’s rating for the City of San Francis
- Power upgrade fully approved and permitted: Power capacity can be increased to 2,500 amps
- One of the tightest industrial markets in the country with Q4 2023 vacancy at 4.3% and 6.7% average annual rent growth since 2016
- Rare value-add industrial opportunity in San Francisco’s core industrial submarket
- Highly functional space with 4 dock-high and 2 grade-level doors
- Superb Location with immediate access to Interstate 280 and Highway 101 and 1.3M consumers within 10 miles and 3.5M within 25 miles
Executive Summary
Newmark, as exclusive advisor, is pleased to extend to qualified investors the opportunity to acquire the 100% fee-simple interest in 2025-2027 Newcomb Avenue (the “Property”), a 42,497 SF warehouse property in the heart of San Francisco’s industrial market. 2025-2027 Newcomb Avenue is 30,082 rentable square feet and will be delivered vacant, providing investors the opportunity to immediately increase cash flow by leasing the vacancy or for owner-users to acquire an extremely functional warehouse building in a prime location. 2025-2027 Newcomb Avenue is leased to the City of San Francisco as a materials testing lab, providing investors with a secure income stream and a high likelihood of a lease renewal due to the City’s specialized improvements.
The Property faces three streets, Oakdale, Rankin, and Newcomb, with 4 dock-high and 2 grade-level doors. The 30,082 SF available space is highly functional and can be leased to a single tenant or demised.
The Property is well-positioned in the India Basin submarket, the heart of San Francisco’s thriving 12.8 MM SF industrial market. With easy access to Highway 101 and 280 on-ramps and off-ramps, this Property offers exceptional connectivity to key areas, including Downtown San Francisco, SFO (San Francisco International Airport), and Silicone Valley. Additionally, its proximity to approximately 1.3 million consumers within a 10-mile radius presents a substantial customer base.
The India Basin submarket is one of the tightest industrial markets in the nation. As of Q4, 2023, the vacancy rate stood at 4.3%. Since 2016, the submarket has demonstrated steady rent growth, averaging 6.7% annually. Additionally, the market has attracted an expanding roster of technology-focused industrial users, further fueling rent growth and declines in vacancy.
*** For more information, visit our website: https://www.nmrk.com/westernregioninvestmentsales?propertyId=2025-2027-newcomb-avenue-san-francisco-sale ***
The Property faces three streets, Oakdale, Rankin, and Newcomb, with 4 dock-high and 2 grade-level doors. The 30,082 SF available space is highly functional and can be leased to a single tenant or demised.
The Property is well-positioned in the India Basin submarket, the heart of San Francisco’s thriving 12.8 MM SF industrial market. With easy access to Highway 101 and 280 on-ramps and off-ramps, this Property offers exceptional connectivity to key areas, including Downtown San Francisco, SFO (San Francisco International Airport), and Silicone Valley. Additionally, its proximity to approximately 1.3 million consumers within a 10-mile radius presents a substantial customer base.
The India Basin submarket is one of the tightest industrial markets in the nation. As of Q4, 2023, the vacancy rate stood at 4.3%. Since 2016, the submarket has demonstrated steady rent growth, averaging 6.7% annually. Additionally, the market has attracted an expanding roster of technology-focused industrial users, further fueling rent growth and declines in vacancy.
*** For more information, visit our website: https://www.nmrk.com/westernregioninvestmentsales?propertyId=2025-2027-newcomb-avenue-san-francisco-sale ***
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $9,300,000 | Rentable Building Area | 42,497 SF |
Price Per SF | $219 | No. Stories | 1 |
Sale Type | Investment or Owner User | Year Built | 1965 |
Property Type | Industrial | Parking Ratio | 0.12/1,000 SF |
Property Subtype | Warehouse | Clear Ceiling Height | 18 FT |
Building Class | C | No. Dock-High Doors/Loading | 4 |
Lot Size | 1.03 AC | No. Drive In / Grade-Level Doors | 2 |
Price | $9,300,000 |
Price Per SF | $219 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.03 AC |
Rentable Building Area | 42,497 SF |
No. Stories | 1 |
Year Built | 1965 |
Parking Ratio | 0.12/1,000 SF |
Clear Ceiling Height | 18 FT |
No. Dock-High Doors/Loading | 4 |
No. Drive In / Grade-Level Doors | 2 |
Amenities
- Skylights
Utilities
- Water - City
- Sewer - City
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- City of San Francisco
- Public Administration
- 99,999 SF
- -
- Lorem Ipsum
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
City of San Francisco | Public Administration | 99,999 SF | - | Lorem Ipsum | - |
1 of 1
Walk Score ®
Very Walkable (86)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $2,815,113 | |
Land Assessment | $5,022,498 | Total Assessment | $7,847,221 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,022,498
Improvements Assessment
$2,815,113
Total Assessment
$7,847,221
zoning
Zoning Code | PDR-1-B and PDR-2 (PDR Light Industrial Buffer; PDR Production, Distribution, and Repair) |
PDR-1-B and PDR-2 (PDR Light Industrial Buffer; PDR Production, Distribution, and Repair) |
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2025-2027 Newcomb Ave | 2025-2035 Newcomb Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.