Arcata Technology Center
54,523 SF building mixed in use, ranging from office, medical and warehouse.
Marketing description
The subject property is a 54,523 SF building mixed in use, ranging from office, medical and warehouse. The property is situated on 5.33 acres on three parcels, and located within the Arcata Gateway Project, allowing for additional development options. Nearby establishments include Holly Yashi, The Pub at The Creamery and the Arcata Playhouse. The property is fully leased with over $54,000 in monthly income, and could make a superb 1031 exchange.
Investment highlights
Located within the Arcata Gateway Project, allowing for additional development options.
Gateway allows for up to 3,500 residential units in buildings up to seven stories tall.
Recent Cal Poly Humboldt university expansion.
Popular relocation location: climate refugees, increase in remote work, located in a beautiful area.
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