Single-Tenant Industrial

2300 Polvorosa Ave

2300 Polvorosa Ave, San Leandro, CA 94577

Listing Price: $16,650,000

Cap Rate
5.00%
Gross SF
75,414
Price/Gross SF
$220.78
Lot Size
3.45 acres
Year Built
1973
Rentable SF
75,414

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 2300 Polvorosa Ave, a 75,000 square foot industrial asset located in San Leandro California. 2300 Polvorosa is situated in the main Bay Area industrial corridor along the 880 Freeway allowing easy access to San Francisco, San Jose, East Bay and Central Valley marketplaces. 2300 Polvorosa is 100% leased to ASA Trading and is offered with a brand new industrial triple net sale-leaseback. The building covers approximately 50% of the available lot space allowing a future buyer to utilize the excess yard space or develop the property down the line. ASA Trading Company is a global supplier of food products for the foodservice industry. ASA has been owned and operated out of San Leandro for the past 30 years supplying food ingredients to the global marketplaces. ASA Trading works with major food distributors such as Sysco, Safeway, Tyson, Kraft Heinz, US Foods as well as regional distributors to serve their clients.

Investment Highlights

  • 75,414 Square Foot Single-Tenant Leased Industrial Warehouse Situated on 150,254 Square Foot Lot
  • 23-26 Foot Clear Heights
  • Multiple Dock High and Grade Level Doors Allows Ease of Access
  • Immediate Access to Highway 880
  • ASA Has Operated for Over 30 years in the San Leandro Market
  • Leaseback Provides Owner with Stabalized Asset

Exclusively Listed By

Single-Tenant Industrial

2300 Polvorosa Ave

Listing Price: $16,650,000

Cap Rate
5.00%
Gross SF
75,414
Price/Gross SF
$220.78
Lot Size
3.45 acres
Year Built
1973
Rentable SF
75,414

Investment Highlights

  • 75,414 Square Foot Single-Tenant Leased Industrial Warehouse Situated on 150,254 Square Foot Lot
  • 23-26 Foot Clear Heights
  • Multiple Dock High and Grade Level Doors Allows Ease of Access
  • Immediate Access to Highway 880
  • ASA Has Operated for Over 30 years in the San Leandro Market
  • Leaseback Provides Owner with Stabalized Asset

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 2300 Polvorosa Ave, a 75,000 square foot industrial asset located in San Leandro California. 2300 Polvorosa is situated in the main Bay Area industrial corridor along the 880 Freeway allowing easy access to San Francisco, San Jose, East Bay and Central Valley marketplaces. 2300 Polvorosa is 100% leased to ASA Trading and is offered with a brand new industrial triple net sale-leaseback. The building covers approximately 50% of the available lot space allowing a future buyer to utilize the excess yard space or develop the property down the line. ASA Trading Company is a global supplier of food products for the foodservice industry. ASA has been owned and operated out of San Leandro for the past 30 years supplying food ingredients to the global marketplaces. ASA Trading works with major food distributors such as Sysco, Safeway, Tyson, Kraft Heinz, US Foods as well as regional distributors to serve their clients.

Exclusively Listed By

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