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500 Boulder Ct

17,793 SF Industrial Building Pleasanton, CA 94566 $7,180,000 ($404/SF) 5.27% Cap Rate

Investment Highlights

  • Strong Tenant.
  • Lease Term 6 years remaining on lease term with one 5-year renewal option.
  • Single tenant, ±17,793 sq ft, consisting of 45% office space, 55% warehouse space with 24 feet clear height. Four (4) grade level doors.
  • Tenant Commitment to Location, been in the property since 2015, recently did 4 year early lease extension & invested $500,000 in interior improvements
  • Annual Rent Increases 3% annual increase with 4% annual increase starting in December 2025.
  • Located in desirable Pleasanton Industrial market.

Executive Summary

Offer for sale, the opportunity to purchase a single tenant, ±17,793 square feet Industrial building located in Pleasanton, California. The property consists of 45% office space, 55% warehouse space and contains four (4) grade level doors with a parking ratio of 2.0 parking spaces for every 1,000 square feet.

Property Facts

Price $7,180,000
Price Per SF $404
Sale Type Investment NNN
Cap Rate 5.27%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Rentable Building Area 17,793 SF
No. Stories 1
Year Built 2001
Tenancy Single
Parking Ratio 2.02/1,000 SF
Clear Ceiling Height 24 FT
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 946-4547-237-00
  • 946-4547-236-00
Land Assessment
$2,146,052
Improvements Assessment
$6,146,736
Total Assessment
$8,292,788

zoning

Zoning Code IG-40, Pleasanton
IG-40, Pleasanton
  • Listing ID: 30726456

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 500 Boulder Ct, Pleasanton, CA 94566

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