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6520-6540 Central Ave 21,148 SF 100% Leased Industrial Building Newark, CA 94560 $8,250,000 ($390.11/SF)
Investment Highlights
- 25 miles to port of Oakland.
- While Newark does not have its own BART station, residents benefit from easy access to nearby stations in Fremont and Union City.
- Located near the Dumbarton Bridge (Highway 84), the Property benefits from direct access to the Peninsula, Silicon Valley, and the greater Bay Area.
Executive Summary
Colliers, as exclusive advisor, is pleased to offer the opportunity to acquire 6520-6540 Central Avenue (the "Property"), a two-tenant, ±21,148-square-foot industrial building in Newark, California. The offering provides investors and small business owners with the rare opportunity to acquire a flexible, high-end manufacturing building on a prominent corner in the heart of the Bay Area. The building features functional specifications for light manufacturing and assembly operations, including 18' clear height, two (2) grade-level doors, and one (1) loading dock on a +1.35-acre site.
Property Facts
| Price | $8,250,000 | No. Stories | 1 |
| Price Per SF | $390.11 | Year Built | 1998 |
| Sale Type | Investment or Owner User | Parking Ratio | 2.3/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.35 AC | Cross Streets | Cherry St |
| Rentable Building Area | 21,148 SF | ||
| Zoning | ML | ||
| Price | $8,250,000 |
| Price Per SF | $390.11 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.35 AC |
| Rentable Building Area | 21,148 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 2.3/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
| Cross Streets | Cherry St |
| Zoning | ML |
Amenities
- Signage
Utilities
- Water - City
- Sewer - City
- Heating
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 092A-2165-011-01 | Improvements Assessment | $2,532,014 |
| Land Assessment | $1,024,862 | Total Assessment | $3,556,876 |
Property Taxes
Parcel Number
092A-2165-011-01
Land Assessment
$1,024,862
Improvements Assessment
$2,532,014
Total Assessment
$3,556,876
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