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    38503 Cherry St Newark, CA 94560

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Alameda County location, 63,273 SF available.

    Lot size:
    227,404 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional property, Prologis Newark 9, located at 38503 Cherry St, Newark, CA 94560, offers a unique blend of executive office and warehouse space, ideal for a variety of businesses. The building boasts a total of 227,404 square feet, with 63,273 square feet currently available for lease. The space features impressive ceiling heights ranging from approximately 24 to 26 feet, providing ample vertical storage and operational flexibility. Logistics are streamlined with 19 loading docks and 48 dock-high doors, complemented by 16 drive-in doors for convenient access. The property also provides ample parking with 159 total spaces. Power is robust, with approximately 200 Amps at 277/480V. Situated in Alameda County, this multi-tenant building offers a strategic location in Newark, California. The property's combination of modern warehouse features and executive office space makes it an attractive option for companies seeking a versatile and efficient workspace. The available 63,273 square feet presents a significant opportunity for businesses needing substantial space in a prime location. Contact us today to learn more about this exceptional property and schedule a viewing.

    Property Features for 38503 Cherry St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    227,404 SF
    Total Rate
    329735.8

    Unit(s) available at that property

    Space
    Suite J,K,L
    Size
    63,273 SF
    Rate per SF
    $17

    HighLights

    • 63,273 SF available for lease.
    • ±3,000 SF of executive office space.
    • 24'-26' clear height.
    • ±1.60/3,000 sprinkler system.
    • 200 Amps, 277/480V power.
    • 24' x 60' column spacing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bennett Carpet Cleaning ... Carpet Installer Mainfreight San Francisco ... Trucking Company R.B HIGH TECH ... Transportation Service LGW Freight Forwarding Service Rocky Solutions Inc Import Export Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.0180361
    Latitude
    37.5201105

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    FAQs

    What type of property is this?
    Distribution property - Prime Alameda County location, 63,273 SF available.
    Where is this distribution property located?
    The property is located at 38503 Cherry St Newark, CA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 63,273 SF available for lease.; ±3,000 SF of executive office space.; 24'-26' clear height.
    Request Owner's contact information
    38503 Cherry St Newark, CA 94560
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    Newark, CA 94560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38503 Cherry St Newark, CA 94560
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