408-453-7485
2975-2999 Spring St, Redwood City, CA for Sale
Warehouse - FOR SALE
1/3
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2975-2999 Spring St
Redwood City, CA 94063
Redwood Village


HIGHLIGHTS

  • CALL FOR OFFERS on 09/24/2025
  • The portfolio is 100% leased to a diverse set of 16 tenants. Each unit features its own grade-level door(s) and private bathroom(s).
  • Immediate mark to market opportunity with rents 61% below market and the majority of leases are month-to-month.
  • This offering represents a rare chance to acquire significant industrial scale in a highly constrained market.
  • No comparable industrial/flex asset of this scale has traded in this area of Redwood City since 2017. No new industrial development in the pipeline.
  • Stanford continues to redevelop existing sites and grow its footprint.

OVERVIEW

CBRE is pleased to present a ±61,200 SF multi-tenant industrial portfolio in Redwood City. The portfolio is comprised of 4 buildings on 3 parcels totaling 2.58 acres. The properties are offered either individually or collectively as a portfolio. 837 2nd Ave | 2975-2999 Spring St | 3005 Spring St | 831 Sweeney Ave. Set in the heart of Redwood City, this multi-tenant industrial portfolio offers a strategic location just moments from the Stanford Redwood City campus. The portfolio offers highly functional, flexible industrial spaces positioned to capture strong tenant demand in one of the Bay Area’s most supply-constrained submarkets. Tenants benefit from immediate access to major transportation corridors, including U.S. 101, supporting efficient connections throughout the Peninsula and the broader Bay Area. CALL FOR OFFERS on 9/24.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

18.916666666666668 Ft

DOCKS

-

DRIVE INS

12

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.54

LAND SF

67,082

ZONING

M10000

APN/PARCEL ID

054-172-150

ASK ABOUT THIS PROPERTY

Charles StroussCBRE, Inc.More Info
408-453-7485

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Charles StroussCBRE, Inc.More Info
408-453-7485

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