2225 McKinnon Ave - Warehouse FOR SALE


San Francisco, CA 94124- Bayview
$7,700,000 USD
415-694-9698
2225 McKinnon Ave, San Francisco, CA for Sale
$7,700,000 USD
Warehouse - FOR SALE
1/26
null | Request Cap Rate

2225 McKinnon Ave
San Francisco, CA 94124
Bayview


HIGHLIGHTS

  • Highly functional improvements with six (10’ x 16’) drive-in roll-up doors.
  • Exceptional 28’ to 32’ clear heights.
  • Access to 1.4M consumers within 10 miles and 3.5M within 25 miles.
  • Industrial leasing recovering with new population growth and office market recovery.

OVERVIEW

Newmark, as the exclusive advisor, is pleased to extend to owner-users and qualified investors the opportunity to acquire the 100% fee-simple interest in 2225 McKinnon (“the Property”), a 27,125 SF high-bay warehouse property in the heart of San Francisco’s industrial market. A significant portion of the Property (19,939 SF) can 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. The balance of the Property is leased at below market rent to Caldwell Building Materials and expires May 31, 2030. The Property clear heights of approximately 30 feet and six grade level roll-up doors stand out among the Northern Bayview / India Basin (“India Basin”) Submarket. Moreover, the clear-span rigid-steel Butler frame construction provides excellent interior circulation and racking up to four high. Four additional large interstitial roll-up doors further provide investors and owner-users with the ability to combine suites to accommodate multiple tenant size requirements or single tenancy. 2225 McKinnon is located in the India Basin Submarket, the heart of San Francisco’s thriving 10.6M 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 Silicon Valley. Additionally, its proximity to approximately 1.4 million consumers within a 10-mile radius presents a substantial customer base.

FOR SALE DETAILS

PRICE

$7,700,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

UTILITIES

-

CLEAR CEILING HT

30 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68

LAND SF

29,621

ZONING

PDR-2

APN/PARCEL ID

5588A-002

ASK ABOUT THIS PROPERTY

Seth McKinnonNewmarkMore Info
415-694-9698

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Seth McKinnonNewmarkMore Info
415-694-9698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.