416 D St Redwood City, CA 94063
- Automotive properties
- 0.27 lot acres
Current Use by Public Records
- Redwood Rental and Repair / Equipment Rental Agency
- Redwood Rental & Repair / Equipment Rental Agency / Hydraulic Repair Service
Property Details for 416 D St
- Lot size
- 0.27 lot acres
- Zone code
- ML00IR
- Property type
- Automotive properties
- APN
- 052-125-090
- APU
- 52125090
Description
This exceptional opportunity presents the acquisition of an established equipment rental business in Redwood City, California. Located at 416 D St, 94063, this thriving enterprise has served the Mid-Peninsula since 1987, boasting a loyal clientele ranging from homeowners and independent contractors to large-scale construction firms. The business operates from a 3,300 square foot flex industrial space situated on an 11,760 square foot lot. The asking price is $1,800,000, translating to $545.45 per square foot. The property features a modified lease with a single tenancy and 100% occupancy. A significant advantage is the existing ground lease, extending until January 2nd, 2039, ensuring long-term operational stability. The sale includes two seven-year lease options, providing further flexibility and growth potential. This turnkey operation offers immediate revenue generation and a strong foundation for continued success in a robust market. The business is offered as a sale of the business only
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Redwood City
- County
- San Mateo
- State
- California
- Longitude
- -122.238
- Latitude
- 37.4958
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA