916-642-3914
2500 Huntington Dr, Fairfield, CA for Sale
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

2500 Huntington Dr
Fairfield, CA 94533


HIGHLIGHTS

  • Key Distribution Facility w/ Investment Grade Tenant | Bay Area, CA
  • STRATEGICALLY LOCATED ADJACENT TO CLOROX-OWNED MANUFACTURING CAMPUS & OTHER CLOROX FACILITIES
  • SUSTAINED CAPITAL INVESTMENT BY CLOROX SIGNALS LONG-TERM COMMITMENT
  • RAIL-SERVED, CONTINUOUS-RUN INDUSTRIAL OPERATION

OVERVIEW

KEY DISTRIBUTION FACILITY SERVING CLOROX’S ONLY WEST COAST BLEACH MANUFACTURING PLANT * 2500 Huntington Drive operates as the distribution extension of Clorox’s wholly owned bleach manufacturing plant at 2600 Huntington Drive — and a key part of Clorox’s supply chain. The two properties share a common driveway and function as a single, tightly integrated production-and-distribution campus, anchoring Clorox’s West Coast supply chain. STRATEGICALLY LOCATED ADJACENT TO CLOROX-OWNED MANUFACTURING CAMPUS & OTHER CLOROX FACILITIES * The adjacent Clorox-owned manufacturing plant lacks sufficient on-site warehouse capacity making 2500 Huntington Drive a functional necessity. All products manufactured at 2600 Huntington — bleach, club-pack bleach, and Clorox wipes — are immediately transferred to 2500 Huntington for repackaging, palletization, and staging. Shared employees, continuous cross-campus goods flow, and 13 dock doors purpose-positioned to face the plant make the property fundamental to Clorox’s Fairfield operation. Relocating the warehouse function off-site would introduce material transportation, labor, and operational friction. In addition, since 2500 Huntington is a main distribution facility servicing the entire West Coast, other products not manufactured at 2600 Huntington are also shipped here for repackaging and distribution (including bleach and non-bleach club-pack items that are sold at Costco, Sam’s Club, etc.). SUSTAINED CAPITAL INVESTMENT BY CLOROX SIGNALS LONG-TERM COMMITMENT * Clorox has operated at the Fairfield campus since the plant’s 1985 inception and has continuously reinvested in its infrastructure and throughput capacity. A 2016 modernization initiative tripled the distribution throughput of 2500 Huntington Drive, and Clorox has publicly committed $580 million to enterprise-wide ERP modernization. RAIL-SERVED, CONTINUOUS-RUN INDUSTRIAL OPERATION * A dedicated, actively utilized Union Pacific rail spur serves the campus. Production lines run 24 hours per day, five days per week across three shifts. The rail line is critical for supplying raw materials and component parts to Clorox and supplying core finished product out to leading West Coast retailers including Costco, Home Depot, Target, and Safeway. INVESTMENT GRADE TENANT ON TRUE NNN LEASE WITH LONG WALT AND 3% ANNUAL RENT ESCALATIONS * The property is 100% leased by Clorox, an investment grade company (S&P: BBB / Moody’s: Baa1). The true triple-net lease has full expense recovery and there are ±5.3 years of WALT remaining. In addition, contractual 3% annual rent escalations generate durable NOI growth throughout the remaining term.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg A

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

13

DRIVE INS

3

PARKING SPACES

60

LAND DETAILS

LAND ACRES

12.09

LAND SF

526,640

ZONING

IG

APN/PARCEL ID

0170-020-110

ASK ABOUT THIS PROPERTY

Matt PostCBRE, Inc.More Info
916-642-3914

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Matt PostCBRE, Inc.More Info
916-642-3914

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