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Investment Highlights

  • +/-33,000 SF Multi-Tenant Warehouse Facility
  • Both Leases Terminate August 31, 2027, Ideal for Owner-Users
  • Heavy Power and Large Gas Lines
  • Occupied by Two Tenants with Below Market Rents
  • Rare USDA Approved Baking Facility
  • Close to San Francisco and SF International Airport

Executive Summary

Property is For Sale or For Lease. Very rare value-add property or owner-user for sale or lease in South San Francisco. 20 ft. The property has High Ceilings, Heavy Power, Sprinklers, Floor Drains and off-street parking. Current tenants include an electrician and a USDA approved baking facility. Both Tenants are paying below market rate rents. Both leases terminate on August 31, 2027. With a low vacancy rate along the San Francisco Peninsula, a Building ideal for food production uses and excellent transportation options (101 Freeway and San Francisco Airport), this can't miss location available in a difficult market to enter.

Property Facts

Sale Type Investment NNN
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class C
Lot Size 1.00 AC
Rentable Building Area 33,634 SF
No. Stories 1
Year Built 1971
Parking Ratio 0.59/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 5
Zoning MH0M2, San Francisco - Light Manufacturing zoning allowing for multiple uses from distribution centers to baking and other light industrial uses.

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
015-115-430
Land Assessment
$5,397,243 CAD
Improvements Assessment
$2,094,159 CAD
Total Assessment
$7,491,402 CAD
  • Listing ID: 31662710

  • Date on Market: 2024-05-01

  • Last Updated:

  • Address: 1369-1373 Lowrie Ave, South San Francisco, CA 94080

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