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OFF-MARKET
Specialty properties

1500 Sally Ride Dr Concord, CA 94520

11,400 SF 0.86 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 4,910-square-foot warehouse space is available for lease in a multi-tenant building totaling 52,000 square feet, located at 11577 Encore Circle in Hennepin County. The unit offers a functional blend of office and warehouse space, boasting a 12-foot clear ceiling height, perfect for various industrial needs. A single loading dock simplifies shipping and receiving operations. The space is equipped with 100-amp, three-phase power, ensuring sufficient electrical capacity for most businesses. Property taxes are $1.95 per square foot. The location provides easy access to major transportation arteries, including Crosstown Highway 62, Highway 7, and Highway 169, all within minutes. Furthermore, its proximity to the Metropolitan Transit Commission (MTC) bus line and the new Southwest Light Rail station offers employees convenient public transportation options. The property benefits from its convenient location near the amenities of downtown Hopkins and is part of a larger, locally-owned and managed business park. The existing office space is adaptable; the owner is willing to demolish and customize it to suit a tenant's specific requirements, offering flexibility for office space ranging from 0 to 600 square feet. This presents a unique opportunity to secure a well-located, functional warehouse space with excellent transportation links and nearby amenities.

Property profile
Verified
Property type Specialty properties
Year built 1996
Total area 11,400 SF
Lot 0.86 ac (37,462 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Volansi, Inc. Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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