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31516416
31516142

1485 Tanforan Ave, Woodland, CA 95776 For Sale

SW
CA CA 01451087
CBRE - Sacramento
AF
CA 02113111
CBRE - Sacramento
Listed by CBRE - Sacramento
$8,200,000
103 days on market
Updated 17 days ago

1485 Tanforan Ave

Details
APN 027-450-015-000
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 64,325
Cap Rate 6.5%
NOI $532,765
Occupancy 100%
Tenancy Single
Brand/Tenant Watts Regulator Company
Lease Type NNN
Lease Expiration 12/31/2032
Remaining Term 6.5
Rent Bumps Yes
Lease Options None
Price per SqFt $127
Year Built 1976
Acreage 7.000
Zoning I - Heavy Industrial
Parking Spaces 106 spaces
Parking per 1,000 SqFt 1.65
Investment Type Net Lease
Ground Lease No
Ceiling Height 22-24'
Loading Docks 2
Ownership Fee

Corporate Tenant | West Coast Headquarters | $127/SF

Marketing description

As exclusive advisor, CBRE is pleased to offer for sale a single-tenant, net-leased industrial investment opportunity in Woodland, California. The Property includes a ±64,325 square foot manufacturing warehouse and is situated on an 7.05-acre square parcel. 1485 Tanforan is located in the heart of the Woodland submarket. The Property has rail potential with a spur along the northern edge of the parcel and is less than a mile from Interstate 5 (±62,669 ADT), a major freeway that runs north to south stretching from the Canadian border to the Mexican border. The Property was originally occupied by Ames Fire & Waterworks, a backflow prevention valve manufacturer. Ames Fire & Waterworks was acquired by Watts Water Technologies in 2000 and has continued to operate at this site as Watts Regulator, under the Watts umbrella of companies. This site serves as Watts' West Coast regional headquarters.

Investment highlights

  • Passive, NNN Investments
  • Stable, Corporate Tenant
  • Large Paved Yard

Listing Contacts

SW
CA CA 01451087
CBRE - Sacramento
AF
CA 02113111
CBRE - Sacramento
Listed by CBRE - Sacramento

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$532,765.00
$44,397.08/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Stuart Wright
License
CA 01451087
Name
Allison Foraker
License
02113111
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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