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Warehouse

2145 Rumrill Blvd

2145 Rumrill Blvd, San Pablo, CA 94806

Listing Price: $2,000,000

Cap Rate
5.31%
Lot Size
0.85 acres
Year Built
1985
Rentable SF
14,476

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 2145 Rumrill Boulevard, a 14,476 multi-tenant industrial asset located in San Pablo California. 2145 Rumrill is located on a main street just north of Richmond and has 4 current tenants that all have long operating histories at the site. An investor can recapture upside in the property through active management and re-tenanting vacancies. Multi-tenant industrial offers inherent stability against vacancies. This is a great opportunity for a seasoned investor looking to capture upside in the rents or a trade buyer looking for a multi-tenant net leased asset.

Investment Highlights

  • Multi-tenant warehouse offers inherent stability
  • All tenants are on triple net leases offering ease of management
  • High exposure on a main street for retail and industrial tenants
  • Upside through CAM recapture and re-tenanting spaces

Exclusively Listed By

Listing Price: $2,000,000

Cap Rate
5.31%
Lot Size
0.85 acres
Year Built
1985
Rentable SF
14,476

Investment Highlights

  • Multi-tenant warehouse offers inherent stability
  • All tenants are on triple net leases offering ease of management
  • High exposure on a main street for retail and industrial tenants
  • Upside through CAM recapture and re-tenanting spaces

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 2145 Rumrill Boulevard, a 14,476 multi-tenant industrial asset located in San Pablo California. 2145 Rumrill is located on a main street just north of Richmond and has 4 current tenants that all have long operating histories at the site. An investor can recapture upside in the property through active management and re-tenanting vacancies. Multi-tenant industrial offers inherent stability against vacancies. This is a great opportunity for a seasoned investor looking to capture upside in the rents or a trade buyer looking for a multi-tenant net leased asset.

Exclusively Listed By

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