5666 La Ribera Street , Livermore , CA 94550; Office for sale; B-5 in Alameda County
5666 La Ribera Street , Livermore , CA 94550; Office for sale; B-5 in Alameda County
| Property Details | |
|---|---|
| Price |
$1,950,000
|
| Building Size |
12,600 SF
|
| Lot Size |
1 AC
|
| Price/SF |
$154.76 /SF
|
| Property Type |
Office
|
| Property Sub-type |
Office-R&D
|
| Additional Sub-types |
Office Showroom
R&D
Office-Warehouse
|
| Property Use Type |
Investment
|
| Commission Split |
2.50%
|
| Cap Rate |
6%
|
| Occupancy |
100%
|
| No. Stories |
1
|
| Building Class |
B
|
| Tenancy |
Multiple
|
| Year Built |
1987
|
| Parking Ratio |
3.50 / 1,000 SF
|
| Status |
Active
|
Property Description
100% leased to two national tenants. Both the larger 7,100±sf suite and the smaller 5,500±sf suites are leased through the end of 2017. Both suites are 100% office with glassed in roll-up doors in the rear so the building is easily convertible back to warehouse space. The annual net operating income for 2014 is approximately $118,000. Excellent investment for an investor looking for a fully leased building with national tenants and long term leases. Building has above average parking for the area and is parked at 3.5± stalls per 1,000sf
Location Description
La Ribera & Brisa off of South Vasco Road. Easy Access to I-580 and nearby retail amenities
