5000 Dowdell Avenue
Brand New Class A Building Totaling 67,399 SF With Large Excess Yard Space
Marketing description
CBRE, Inc., is pleased to present the opportunity to acquire 5000 Dowdell Ave., a brand new Class A industrial facility totaling 67,399 SF in the Sonoma County market.
Constructed in 2024, the building features ample dock high loading, 154 auto parking spaces and 22,497 SF of mission critical excess yard space. The property is 100% leased to Restaurant Depot and Rivian (Nasdaq: RIVN) with 7.7 years of WALT and below market rents. Restaurant Depot pre-leased the space.
This is a rare opportunity to acquire Class A product in an infill location with abundant retail amenities surrounding the property. The strategic distribution site has immediate proximity to Hwy 101 and provides access to the large population centers of San Francisco, The Central Valley, Sacramento, San Jose and Oakland in two hours or less.
Investment highlights
Premier Industrial Product In The Sonoma County Market
Majority of industrial base was constructed in the 1970s - 1990s
Lack of Class A product with dock high loading in the area
Features rare excess yard space totaling 22,497 SF
28’ warehouse clearance which is above standard for this market
7 dock high doors with 4 knock out panels for additional doors in the future
Valuable freezer & cooler improvements
Strategic Distribution Location
Adjacent to U.S. 101 with proximity to SR-116
Access to 3.6 million people within 50 miles
One hour from the Port of Oakland, a key player in agricultural and refrigerated goods exports
Attractive Sonoma County Market Dynamics With High Barriers To Entry
±5% of the Sonoma County industrial base is Class A
Only 15-20% of industrial base has dock high loading
Construction and capital costs make food & beverage improvements cost prohibitive
Very few industrial parcels remain due to biological habitats
Limited electrical capacity and uncertainty surrounding PG&E upgrades to existing infrastructure
The region’s proximity to the Bay Area and strong local industries provide a solid foundation for long-term growth
Strong demand for restaurants, hospitality, and farming
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