Warehouse
330-350 & 360 State Street
330-350, 360 State Street, Fairfield, CA 94533
Listing Price: $2,050,000
Investment Overview
The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 330-350 & 360 State St, two multi-tenant industrial warehouses on two separate parcels in downtown Fairfield, California. 330-350 State St. is a 10,800 square foot warehouse on a 29,185 square foot parcel, and 360 State St. is a 5,942 square foot warehouse on a 14,735 square foot parcel. The properties are adjacent and provide 30+ parking spaces between the two lots. 330-350 features 13 roll-up doors in the front and back of the seven units. 360 features five roll-up doors in the front and on both sides of the building. Long-term tenants occupy both properties with below-market month-to-month Industrial Gross leases. The properties can also serve as a prime location for an owner-user due to their proximity to downtown Fairfield and the month-to-month lease structure. The properties are to be sold together.
Exclusively Listed By
Listing Price: $2,050,000
Investment Highlights
- 18 roll-up doors between both properties
- 16-18' clear height
- Long-term tenants on Industrial Gross leases
- Upside for an investor
- Owner-user potential due to month to month lease structure
- Prime location near the heart of downtown
Investment Overview
The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 330-350 & 360 State St, two multi-tenant industrial warehouses on two separate parcels in downtown Fairfield, California. 330-350 State St. is a 10,800 square foot warehouse on a 29,185 square foot parcel, and 360 State St. is a 5,942 square foot warehouse on a 14,735 square foot parcel. The properties are adjacent and provide 30+ parking spaces between the two lots. 330-350 features 13 roll-up doors in the front and back of the seven units. 360 features five roll-up doors in the front and on both sides of the building. Long-term tenants occupy both properties with below-market month-to-month Industrial Gross leases. The properties can also serve as a prime location for an owner-user due to their proximity to downtown Fairfield and the month-to-month lease structure. The properties are to be sold together.
Exclusively Listed By
