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Bldg 1 222-240 Gateway Rd W 38,640 SF Office Building Napa, CA 94558 For Sale
INVESTMENT HIGHLIGHTS
- RARE OWNER-USER HQ BUILDING NEAR AIRPORT WITH CLASS A IMPROVEMENTS AND INDUSTRIAL ZONING
- IDEAL LOCATION WITHIN NAPA COUNTY
EXECUTIVE SUMMARY
RARE OWNER-USER HQ BUILDING NEAR AIRPORT WITH CLASS A IMPROVEMENTS AND INDUSTRIAL ZONING
* A unique owner-user opportunity to acquire a ± 38,640 square foot, single story, class ‘A’ office/industrial building located in Napa, CA.
* The building was constructed in 2000 and had significant tenant improvements completed in 2018 for both of the tenants at that time. With the entire ± 38,640 square feet ready for occupancy, this building would make a great site for a corporate headquarters.
* This 2.83 acre site features 360 degree access to the building and an abundant parking with a ratio of nearly 4 spaces per 1,000 square feet.
* This investment can provide an attractive lease-saving trade-off. As opposed to leasing space, a purchase offers protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits and after-tax equity accumulation.
IDEAL LOCATION WITHIN NAPA COUNTY
* As the nation’s most celebrated wine region, Greater Napa has experienced great growth. In the past 10 years, its GDP has increased ±21.3%, to $11.4 billion in 2023, according the Federal Reserve Bank of St. Louis. Over the next 5 years the region is projected to add close to 10,000 additional jobs to the economy, according to CBRE Econometric Advisors.
* Napa has one of the lowest vacancy rates in California at 3.3% as of 4Q24, per CBRE Research. Industrial rents in Napa County have grown ±17% over the past 5 years. The market’s consistent tenant demand, limited inventory and high barriers to entry for new development ensure that rental rates are poised to continue to rise another ±10% over the next 5 years.
* The property is located less than an hour drive from Oakland International Airport and San Francisco International Airport, and less than a 20-minute drive from central Napa, home to more than ±400 wineries, and about an hour drive from nearby seaports and intermodal railyards.
* Positioned in the North Bay, the property is within a 2-hour drive to the East Bay, San Francisco, Sacramento, San Jose, and the Central Valley with access to approximately 12.4M people within a 100-mile radius. The property provides access to 24% of the U.S. population within an 18-hour drive.
* A unique owner-user opportunity to acquire a ± 38,640 square foot, single story, class ‘A’ office/industrial building located in Napa, CA.
* The building was constructed in 2000 and had significant tenant improvements completed in 2018 for both of the tenants at that time. With the entire ± 38,640 square feet ready for occupancy, this building would make a great site for a corporate headquarters.
* This 2.83 acre site features 360 degree access to the building and an abundant parking with a ratio of nearly 4 spaces per 1,000 square feet.
* This investment can provide an attractive lease-saving trade-off. As opposed to leasing space, a purchase offers protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits and after-tax equity accumulation.
IDEAL LOCATION WITHIN NAPA COUNTY
* As the nation’s most celebrated wine region, Greater Napa has experienced great growth. In the past 10 years, its GDP has increased ±21.3%, to $11.4 billion in 2023, according the Federal Reserve Bank of St. Louis. Over the next 5 years the region is projected to add close to 10,000 additional jobs to the economy, according to CBRE Econometric Advisors.
* Napa has one of the lowest vacancy rates in California at 3.3% as of 4Q24, per CBRE Research. Industrial rents in Napa County have grown ±17% over the past 5 years. The market’s consistent tenant demand, limited inventory and high barriers to entry for new development ensure that rental rates are poised to continue to rise another ±10% over the next 5 years.
* The property is located less than an hour drive from Oakland International Airport and San Francisco International Airport, and less than a 20-minute drive from central Napa, home to more than ±400 wineries, and about an hour drive from nearby seaports and intermodal railyards.
* Positioned in the North Bay, the property is within a 2-hour drive to the East Bay, San Francisco, Sacramento, San Jose, and the Central Valley with access to approximately 12.4M people within a 100-mile radius. The property provides access to 24% of the U.S. population within an 18-hour drive.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
38,640 SF
Building Class
B
Year Built/Renovated
2000/2018
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
38,640 SF
Building FAR
0.31
Lot Size
2.83 AC
Zoning
IP - Industrial Park
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Private storage Photo space
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 222 | 8,523 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 240 | 30,117 SF | Office | Full Build-Out | Now |
1st Fl-Ste 222
| Size |
| 8,523 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 240
| Size |
| 30,117 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 222
| Size | 8,523 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Private storage Photo space
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 240
| Size | 30,117 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 057-210-052 | Improvements Assessment | $6,887,842 |
| Land Assessment | $1,856,934 | Total Assessment | $8,744,776 |
PROPERTY TAXES
Parcel Number
057-210-052
Land Assessment
$1,856,934
Improvements Assessment
$6,887,842
Total Assessment
$8,744,776
CONTACTS
-
Matt Post -
Sammy Cemo -
Anthony DeLorenzo -
Nick Williams -
Brooks Pedder -
Tony Binswanger -
Bo Harkins -
CBRE, Inc.
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Bldg 1 | 222-240 Gateway Rd W
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