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1107 - 1195 Shasta St

1107 - 1195 Shasta St, Redwood City, CA 94063

Listing Price: $6,500,000

Cap Rate
1.23%
Gross SF
16,100
Price/Gross SF
$403.73
Lot Size
0.40 acres
Year Built
1964
Rentable SF
16,100

Investment Overview

1107-1195 Shasta St is a stunning industrial investment opportunity located in thriving Redwood City, California. Situated on a .4 acre parcel of land, the subject property has a gross building area of approximately 16,100 square feet, offering three well designed industrial suites. The subject property consists of an of??ce and multi-tenant industrial space offering various uses that are allowed within the current zoning. 1107-1195 Shasta St offers owner-users the opportunity to occupy part of the total industrial space while leasing out the remaining square footage for additional income.  Businesses are attracted to the property's residential neighborhood, newer housing and nearby ongoing development. The subject property offers a central location with easy access to major retailers, restaurants and transportation corridors. Nearby essential mass transit options offer direct access from all major Bay Area destinations. The Redwood City Caltrain Station, offering Baby Bullet services is within walking distance to the subject property and provides an inexpensive, hassle free commute from major employment and entertainment centers in San Francisco, the Peninsula and the South Bay. SamsTrans, the area's bus service, provides quick access to Redwood City's diverse Courthouse Square, Theatre District, Shops on Broadway, dining, shopping and music venues. The investment appeal of this asset is driven by Redwood City's strong fundamentals. With a world-class location in the heart of San Francisco's Bay Area, 1107-1195 Shasta St presents an attractive choice for investors and owner-users due to its close proximity to major retailers, restaurants and transportation corridors.

Investment Highlights

  • Tremendous investment opportunity to acquire a 16,100 SF industrial building
  • Offers investors the opportunity to achieve rental premiums through lease renewals
  • Owner-users have the opportunity to occupy part of the total industrial space while leasing out the remaining square footage for additional income
  • while leasing out the remaining square footage for additional income Excellent opportunity for local business owners to take advantage of favorable interest rates through a purchase
  • Convenient access to transportation corridors including the Redwood City Caltrain Station(1mi), U.S. Route 101, Interstate 280, San Mateo Bridge and Dumbarton Bridge

Exclusively Listed By

Listing Price: $6,500,000

Cap Rate
1.23%
Gross SF
16,100
Price/Gross SF
$403.73
Lot Size
0.40 acres
Year Built
1964
Rentable SF
16,100

Investment Highlights

  • Tremendous investment opportunity to acquire a 16,100 SF industrial building
  • Offers investors the opportunity to achieve rental premiums through lease renewals
  • Owner-users have the opportunity to occupy part of the total industrial space while leasing out the remaining square footage for additional income
  • while leasing out the remaining square footage for additional income Excellent opportunity for local business owners to take advantage of favorable interest rates through a purchase
  • Convenient access to transportation corridors including the Redwood City Caltrain Station(1mi), U.S. Route 101, Interstate 280, San Mateo Bridge and Dumbarton Bridge

Investment Overview

1107-1195 Shasta St is a stunning industrial investment opportunity located in thriving Redwood City, California. Situated on a .4 acre parcel of land, the subject property has a gross building area of approximately 16,100 square feet, offering three well designed industrial suites. The subject property consists of an of??ce and multi-tenant industrial space offering various uses that are allowed within the current zoning. 1107-1195 Shasta St offers owner-users the opportunity to occupy part of the total industrial space while leasing out the remaining square footage for additional income.  Businesses are attracted to the property's residential neighborhood, newer housing and nearby ongoing development. The subject property offers a central location with easy access to major retailers, restaurants and transportation corridors. Nearby essential mass transit options offer direct access from all major Bay Area destinations. The Redwood City Caltrain Station, offering Baby Bullet services is within walking distance to the subject property and provides an inexpensive, hassle free commute from major employment and entertainment centers in San Francisco, the Peninsula and the South Bay. SamsTrans, the area's bus service, provides quick access to Redwood City's diverse Courthouse Square, Theatre District, Shops on Broadway, dining, shopping and music venues. The investment appeal of this asset is driven by Redwood City's strong fundamentals. With a world-class location in the heart of San Francisco's Bay Area, 1107-1195 Shasta St presents an attractive choice for investors and owner-users due to its close proximity to major retailers, restaurants and transportation corridors.

Exclusively Listed By

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