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217 Harbour Way 45,035 SF 100% Leased Industrial Building Richmond, CA 94801 $12,143,337 CAD ($269.64 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Fully leased two-tenant industrial/distribution building with NNN leases in place, providing stable income.
- Warehouse features 20-foot clear height, 1,200 amps of power, and two grade-level roll-up doors.
- Recently secured a 5-year NNN lease with LEC, a general contractor, including a personal guarantee.
- Positioned on a 1.19-acre parcel with CM-5 Commercial Mixed-Use zoning for long-term flexibility.
Executive Summary
Marcus & Millichap is pleased to exclusively list for sale 217 Harbour Way in Richmond, CA, a rare multi-tenant NNN leased industrial/manufacturing/distribution building. For additional information please contact the listing team.
Property Facts
| Price | $12,143,337 CAD | Lot Size | 1.20 AC |
| Price Per SF | $269.64 CAD | Rentable Building Area | 45,035 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1985 |
| Sale Condition | 1031 Exchange | Parking Ratio | 0.8/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Distribution | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | ||
| Zoning | CM-5 - Commercial mixed use — activity center | ||
| Price | $12,143,337 CAD |
| Price Per SF | $269.64 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.50% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.20 AC |
| Rentable Building Area | 45,035 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 0.8/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM-5 - Commercial mixed use — activity center |
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Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 538-260-013-7 | Improvements Assessment | $1,992,628 CAD |
| Land Assessment | $1,027,433 CAD | Total Assessment | $3,020,060 CAD |
Property Taxes
Parcel Number
538-260-013-7
Land Assessment
$1,027,433 CAD
Improvements Assessment
$1,992,628 CAD
Total Assessment
$3,020,060 CAD
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217 Harbour Way
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