Multi-Tenant Industrial
For Sale
Contact for pricing
3150-3184 Spring Street 793 5th Avenue, Redwood City, CA 94063
Multi-tenant industrial building with leases expiring 8/31/2024 in a TOZ, positioned for active rent management.
Property SizeContact for details
Days on Market124
Property Features for 3150-3184 Spring Street 793 5th Avenue
General Information
Standard status
Active
Property subtype
Industrial
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Palo Alto
Listed By:
Bryan DiMesio · License #01967714
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 5:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
Rare value-add multi-tenant industrial building offered for sale within a TOZ. The property features multiple tenants, with the remaining leases set to expire on 8/31/2024.
The building is located at 3150-3184 Spring Street and 793 5th Avenue in Redwood, CA 94063. Current income is described as averaging around $1.25 psf gross, with pro forma market-rate rents noted near $1.75 NNN.
This configuration supports an owner/user or long-term investor approach, particularly given the near-term lease rollover on the remaining tenants.
The building is located at 3150-3184 Spring Street and 793 5th Avenue in Redwood, CA 94063. Current income is described as averaging around $1.25 psf gross, with pro forma market-rate rents noted near $1.75 NNN.
This configuration supports an owner/user or long-term investor approach, particularly given the near-term lease rollover on the remaining tenants.
Key Highlights
- Rare value‑add multi‑tenant industrial building in a TOZ
- Current income averages around $1.25 PSF gross
- Pro forma market rate rents hover around $1.75 NNN
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Jalisco's Food Truck Storage — 451 Dumbarton Ave, Redwood City, CA 94063
- Mini-Warehouse Company — 2793 Spring St, Redwood City, CA 94063
- Kainos Home & Training Center — 2761, 2761 Fair Oaks Ave, Redwood City, CA 94063
- Auto Keep — 3536 Haven Ave, Redwood City, CA 94063
- Stache Storage of Redwood City — 1078 Haven Ave, Redwood City, CA 94063
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-tenant industrial building with leases expiring 8/31/2024 in a TOZ, positioned for active rent management.
Where is this warehouse located?
The property is located at 3150-3184 Spring Street 793 5th Avenue Redwood City, CA.
What are key features of this property?
This property features: Rare value‑add multi‑tenant industrial building in a TOZ; Current income averages around $1.25 PSF gross; Pro forma market rate rents hover around $1.75 NNN
