Newman Industrial Plaza
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Newman Industrial Plaza
6 Properties Offered at $4,542,735 CAD in Newman, CA
Investment Highlights
- ±29,400 Total SF on ±3.54 Acres
Executive Summary
• Multi-tenant investment opportunity of a small industrial plaza in Newman, California;
Three (3) parcels totaling ±3.54 Acres
• Potential for owner/user with investment income; rents below market average
• Five (5) total buildings with 11 total units - ranging from 2,400-5,000 SF;
100% occupancy
• Buildings constructed between 2006-08
• ±21,000 SF storage yard located at the rear of 2126 L Street is currently leased;
potential for ±7,200 SF future building construction (utilities stubbed to front of
location)
• ±10,000 SF fenced storm drain retention basin at the rear of 670 Industrial Way
• 20’ clearance height; 12’ x 14’ roll up doors; individually metered power per unit (800
Amps, 120/208v, 3-phase); fire sprinklers;
Three (3) parcels totaling ±3.54 Acres
• Potential for owner/user with investment income; rents below market average
• Five (5) total buildings with 11 total units - ranging from 2,400-5,000 SF;
100% occupancy
• Buildings constructed between 2006-08
• ±21,000 SF storage yard located at the rear of 2126 L Street is currently leased;
potential for ±7,200 SF future building construction (utilities stubbed to front of
location)
• ±10,000 SF fenced storm drain retention basin at the rear of 670 Industrial Way
• 20’ clearance height; 12’ x 14’ roll up doors; individually metered power per unit (800
Amps, 120/208v, 3-phase); fire sprinklers;
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,542,735 CAD | Number of Properties | 6 |
| Price / SF | $154.51 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 4.85% | Total Building Size | 29,400 SF |
| Sale Type | Investment | Total Land Area | 6.52 AC |
| Status | Active |
| Price | $4,542,735 CAD |
| Price / SF | $154.51 CAD / SF |
| Cap Rate | 4.85% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 29,400 SF |
| Total Land Area | 6.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2126 L St, Newman, CA 95360 | Industrial | 7,200 SF | 2004 | - |
| 2114 L St, Newman, CA 95360 | Industrial | 5,000 SF | 2004 | - |
| 2126 L St, Newman, CA 95360 | Industrial | 7,200 SF | 2004 | - |
| 2114 L St, Newman, CA 95360 | Industrial | 5,000 SF | 2000 | - |
| 670 Industrial Way, Newman, CA 95360 | Land | 0.23 AC | - | - |
| 670 Industrial Way, Newman, CA 95360 | Industrial | 5,000 SF | 2004 | - |
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Newman Industrial Plaza
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