Light Industrial Warehouse with
8239 Enterprise Dr Newark, CA 94560
For Sale
Contact for pricing
Two-story office space and two refrigerated freezers support light industrial operations under M-L zoning.
Property Size34,500 SF
Price / SF$289.86
Days on Market149
Property Features for 8239 Enterprise Dr
General Information
Standard status
Active
Size
34,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Pleasanton
(925) 200-4687
Listed By:
Joe Yamin, SIOR
(925) 200-4687
Source:
Moodyscre
Added: Mar 3
Changed: Jul 26
Last Checked: Jul 29 at 3:54PM
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 Colliers | Pleasanton
Investment Insights
Based on property information with market context.
This light industrial warehouse includes approximately 17,200 SF of office space on two floors, along with refrigerated storage served by two freezers totaling 3,800 SF (two units at 2,300 SF and 1,500 SF). The production areas feature floor drains throughout, with interceptors on two sides, and the property has an elastomeric roof installed in 2021. Refrigeration and building systems are supported by HVAC with two ton units installed in 2023.
The facility is offered for sale with M-L, Light Industrial zoning through the City of Newark. Utilities include a 3-inch main for water and an 8-inch fire line, as well as a 2-inch gas main capable for 1,000 cubic feet. A facility plan is referenced for the locations of drain interceptors throughout the production area.
The facility is offered for sale with M-L, Light Industrial zoning through the City of Newark. Utilities include a 3-inch main for water and an 8-inch fire line, as well as a 2-inch gas main capable for 1,000 cubic feet. A facility plan is referenced for the locations of drain interceptors throughout the production area.
Key Highlights
- Two‑floor office space totaling about 7,200 SF
- M‑L Light Industrial zoning with City of Newark
- Two refrigerated freezers totaling about 3,800 SF (1st: ~2,300 SF; 2nd: 1,500 SF)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $662.4k | $19.20 |
| − Vacancy | −$43.1k | −$1.25 |
| EGI | $619.3k | $17.95 |
| − OpEx | −$92.9k | −$2.69 |
| NOI | $526.4k | $15.26 |
34,500 SF · lease $19.20/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.52M
$6.58M – $8.77M
NOI $526,442 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$157.28M
$137.62M – $183.50M
NOI $11,009,864 @ 7.0% cap · market cap 110.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Prologis — newark, ca 94560
Frequently Asked Questions
What type of property is this?
Warehouse - Two-story office space and two refrigerated freezers support light industrial operations under M-L zoning.
Where is this warehouse located?
The property is located at 8239 Enterprise Dr Newark, CA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Two‑floor office space totaling about 7,200 SF; M‑L Light Industrial zoning with City of Newark; Two refrigerated freezers totaling about 3,800 SF (1st: ~2,300 SF; 2nd: 1,500 SF)
