Bldg 1 5253 Business Center Dr

ATTRACTIVE OWNER/USER OFFICE BUILDING WITH LIFE SCIENCE/ R&D/LIGHT INDUSTRIAL POTENTIAL AND EXCESS PARKING
* Incredible opportunity to acquire an attractive owner/user office building with flexible zoning that would create an ideal fit for a flex / life science / light industrial user.

* Ideal corporate headquarters that provides an attractive lease-saving trade-off, given the in-place income, depreciation write-off, principal paydown and building appreciation. Over a 10-year period, a user could save over $11M by purchasing this property as opposed to leasing it.

* The property, totaling 103,128 SF and 19% leased, offers a user the flexibility of immediately occupying up to 83,599 SF of contiguous space and the opportunity to generate significant income over the next 7.5 years from the existing tenant.

* Existing layout caters to a variety of uses and reduces potential TI costs - single-story, concrete construction, demised into four suites with ability to divide further, ±3,000 amps of power, multiple exterior entry doors, covered parking and ±16’ under the roof deck allowing for easily convertible truck access.
IDEAL FREEWAY LOCATION WITH IMMEDIATE ACCESS TO BAY AREA
* Fairfield’s affordable housing options and proximity to major Bay Area cities make this an excellent alternative for companies who want to access the entire Bay Area but save considerable money on their occupancy costs.

* At the confluence of major freeways with immediate direct access to I-80, I-680 and Highway 12, giving a user access to a large trade area.

* Adjacent to a Costco-anchored shopping center and surrounded by retail amenities (over 10 restaurants within a 10-minute walk) and housing.

* Fairfield’s office market is rebounding quickly, with vacancy dropping from 13.8% to 8.7% over the last year.