5135 Port Chicago Hwy Concord, CA 94520

Exceptional investment opportunity in Concord, CA, featuring a 26,400 square foot, multi-tenant industrial property situated on one acre. This Class B, stabilized investment boasts a 91% occupancy rate with five tenants, generating a pro-forma NOI of $556,965 and a 6.55% cap rate. The property, built in 1978 and renovated in 2019, comprises a single two-story building with eight units. The flexible lease structure includes rent bumps, offering potential for future income growth. The property benefits from a unique zoning and use permit, and the primary tenant is secured by a long-term lease and recent tenant improvements. This presents a strong cash flow opportunity with diversified income streams, making it an ideal addition to any portfolio. The property is located at 5135 Port Chicago Hwy, Concord, CA 94520, within Contra Costa County, in the San Francisco Bay Area. The property is classified as Flex, Manufacturing, and Warehouse space.