127,000 SF Value-Add Industrial
- Acquired February 2021.
- Class A industrial building totaling 127,000 SF on 4.6-acres. Property was purchased off-market via 5-year sale leaseback with owner/occupant BluePrint Studios creating attractive immediate cash flow and long-term retenanting potential at expiration.
- Recently renovated with ESFR, clearspan framing truss with ability to rack 3 high, newly installed dock high and grade level positions to load on all four sides of the building and best in class creative office buildout provides for a truly unique industrial opportunity in the inner SF Bay Area ready for last mile distribution in a supply constrained SF peninsula submarket.
- Located within last industrial zoned area of South San Francisco submarket allowing for high trip count last mile distribution, adjacent to FedEx and Amazon South San Francisco facilities and with several means to ingress/egress close proximate Hwy 101, 380 & 280s. Additionally, walking distance to San San Bruno Bart & San Bruno Caltrain stops.