428-438 Airport Blvd South San Francisco, CA 94080
- Warehouses
- 21,600 SF
Current Use by Public Records
- Warehouses
Property Details for 428-438 Airport Blvd
- Property size
- 21,600 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a fully occupied, 21,600-square-foot warehouse located at 428-438 S. Airport Blvd in South San Francisco, California, 94080. The property boasts a desirable location, offering convenient access to Highway 101 and proximity to Costco. The single-story building features three dock-high doors, providing efficient loading and unloading capabilities. With a total of 11 parking spaces, ample parking is available for tenants and visitors. The warehouse is currently 100% occupied across two units, generating a stable income stream. The property sits on a lot ranging from 7,000 to 8,000 square feet. The asking price is $7,800,000, and the sale is structured as a 1031 exchange. Rent bumps are included in the lease agreements, ensuring future income growth. This is a rare opportunity to acquire a high-quality, net-lease industrial property in a prime South San Francisco location with strong tenant occupancy and built-in appreciation potential. The property is ideal for investors seeking a stable, long-term investment with significant upside. The convenient location and strong tenant occupancy make this a compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South San Francisco
- County
- San Mateo
- State
- California
- Longitude
- -122.403
- Latitude
- 37.6416
