1369-1373 Lowrie Ave 33,634 SF 100% Leased Industrial Building South San Francisco, CA 94080 For Sale
INVESTMENT HIGHLIGHTS
- +/-33,000 SF Multi-Tenant Warehouse Facility
- WALT +/-3 Years
- Heavy Power and Large Gas Lines
- Occupied by Two Tenants with Below Market Rents
- Rare USDA Approved Baking Facility
- Close to San Francisco and SF International Airport
EXECUTIVE SUMMARY
Very rare value-add property for sale in South San Francisco. 20 ft. High Ceilings, Heavy Power, Sprinklers, Floor Drains and off-street parking are found in this building. Current tenants include an electrician and a USDA approved baking facility. Both Tenants are paying below market rate rents. Tenant leases terminate in August 2024 (Electrician) and August 2027 (Bakery). This leaves a WALT of a little over 3 years. With a low vacancy rate, this is a great building and location available in a difficult market to enter.
PROPERTY FACTS
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 015-115-430 | Improvements Assessment | $2,077,427 CAD |
| Land Assessment | $5,354,117 CAD | Total Assessment | $7,431,544 CAD |
