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19365599
19365600

1725 Mission Rd, Colma, CA 94014

JJ
CA CA 01930127
Marcus & Millichap - Palo Alto
DC
CA 01514751
Marcus & Millichap - Palo Alto
KT
CA 01038657
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
$2,875,000
681 days on market
Updated 22 days ago

Two-Building Industrial Property

Details
APN 010-142-100
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 11,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $261
Class C
Year Built 1958
Buildings 2
Stories 1
Lot Size (SqFt) 33,062
Zoning Commercial
Investment Type Value Add
Ceiling Height 14 Ft
Loading Docks 8

Value-Add or Owner/User Industrial Opportunity

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire 1725-1733 Mission Road in Colma, California. The property is two adjacent industrial buildings that total approximately 11,000 square feet and are situated on a 0.76- acre site. The buildings were built in 1958 and the zoning designation is Commercial. There are 31 on-site parking spaces for a parking ratio of 2.82 per 1,000 SF.

1725-1727 Mission Road measures approximately 6,000 square feet and is configured with two tenant suites, each of which measures about 3,000 square feet. The building has five 9-ft X 12-ft roll-up doors and one 12-ft X 13-ft roll-up door. Minimum clear height is approximately 12 feet. 1733 Mission Road measures approximately 5,000 square feet and is occupied by a single tenant. The building has two 16-ft X 11-ft roll-up doors, and the minimum clear height is approximately 12 feet.

The property appeals to both investors and users alike. All three tenants occupy the property on a month-to-month basis at below market contract rents. This provides an opportunity for a user to occupy the space, or for an investor to move rents up to market. Colma’s unique landscape, characterized by its numerous cemeteries, imposes significant restrictions on development, rendering available industrial and commercial space scarce. This scarcity elevates the value of properties similar to the subject, as they represent rare opportunities within a limited market.

Investment highlights

  • Value-add or owner/user industrial opportunity in Colma

  • Two light industrial buildings totaling +/-11,000 square feet

  • One building is configured for a single tenant and the other is configured for two tenants

  • All leases are on a month-to-month basis and well below market

  • Both buildings have multiple grade level loading doors

  • Excellent access from Interstate 280

  • Near multiple major retail developments and auto dealerships

Listing Contacts

JJ
CA CA 01930127
Marcus & Millichap - Palo Alto
DC
CA 01514751
Marcus & Millichap - Palo Alto
KT
CA 01038657
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Additional Information

Name
Joshua Johnson
License
CA 01930127
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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