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Rare 21K SF Warehouse - Owner User 5729 Sonoma Dr

21,238 SF 79% Leased Industrial Building Pleasanton, CA 94566 $5,800,000 ($273/SF)

Investment Highlights

  • 21,238 SF Industrial Owner User/Investment Opportunity
  • 15.5’ – 17’ Foot Clear Height, 100 AMPS of Power Per Unit, 10 Grade Level Doors, Sprinklers
  • Located on Sonoma Dr off Sunol Blvd - Minutes from HWY 680
  • Entire Building Can Be Occupied by an Owner User - All Leases Expire in 2024
  • Brand New Roof in 2022
  • Strong Demographics with Household Incomes in Excess of $182,000 in a 1-Mile Radius

Executive Summary

- Rare Owner-User/Investment opportunity to acquire an 21,238 square foot industrial building with 12 units on 1.15 acres. Entire 21,238 SF building can be occupied by an Owner User with the longest lease expiring in December of 2024.
- Current average rent/SF is $1.67 gross. The property has short term under market leases, great value add multi-tenant
opportunity to raise rents.
- The property has 15.5’ – 17’ foot clear height, 100 AMPS of power per unit.
- The property has 10 grade level roll up doors.
- The property is Fully Sprinklered.
- Each unit has its own HVAC unit as well as its own restroom.
- Utilities are individually metered.
- The property is in the industrial park (I-P) zoning designation which allows for light industrial uses.
- The property has been exceptionally maintained; all units have been periodically renovated.
- Brand new roof just replaced in November of 2022 with a renewable 10-year warranty.
- The property is located on Sonoma Drive off Sunol Boulevard minutes from Highway 680. Extremely strong demographics with household incomes in excess of $182,000 in a 1-mile radius.

Property Facts

Price $5,800,000
Price Per SF $273
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
Building Class B
Lot Size 1.15 AC
Rentable Building Area 21,238 SF
No. Stories 2
Year Built 1986
Parking Ratio 2.12/1,000 SF
Clear Ceiling Height 17 FT
No. Drive In / Grade-Level Doors 1

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
948-0009-004-01
Land Assessment
$922,134
Improvements Assessment
$1,536,890
Total Assessment
$2,459,024

zoning

Zoning Code I-P (Industrial Park (I-P))
I-P (Industrial Park (I-P))
  • Listing ID: 31548326

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 5729 Sonoma Dr, Pleasanton, CA 94566

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