Investment Overview

6553 Las Positas Road is a corner industrial/office condo in the sought after Livermore sub-market. The property was measured at 7,685 gross square footage. As currently configured the space has three separate main areas consisting of a showroom, office mezzanine, and a warehouse/storage area. The ceiling height varies throughout the premises with the highest measured estimated at 18 feet. 6553 Las Positas is part of a larger industrial/office condo complex with six other spaces. The entire tilt up concrete and steel structure is approximately 43,000 square feet, situated on 3.23 acres. It is zoned I-3 but does have CC&Rs due to the condominium bylaws At the unit’s main entrance is the ground floor which can be construed as a showroom. In this portion of the building there is a small receptionist desk to go along with a glass-enclosed meeting area. Additionally, there are two ADA compliant restrooms. The warehouse portion of the space has an exterior roll up door and within it is another smaller roll up. The ceiling heights vary with the highest level being 18 ft. and the lower height measured at 9 feet. There is another restroom and a breakroom in the warehouse segment of the industrial condo. The mezzanine space has two private offices and cubicles for a company’s workforce and staff. It can also serve as an additional storage area for the occupants’ use. The buildout occurred during the current ownership’s tenure and measured approximately 2,660 sq. ft. Located at the east end of the city of Livermore, this site is off the Vasco Road exit off Interstate 580. It is a three-minute drive to the main entrance of the Lawrence Livermore Laboratory and just under 4 miles to downtown. Livermore is conveniently located between the growing areas of Tracy and Lathrop; affluent communities of Danville, Pleasanton, Dublin, San Ramon; and a manageable commute to and from San Jose and other Silicon Valley communities.