5500 2nd St Benicia, CA 94510-1020

Property Details for 5500 2nd St

Year built

1987

Lot size

4.02 lot acres

Property size

63,108 SF

Property type

Warehouses

APN

0080-240-040

APU

80240040

Description

This exceptional 63,108-square-foot industrial property, located at 5500 E 2nd St, Benicia, CA 94510, presents a unique owner-user opportunity. The Class B building, constructed in 1987, sits on a 4.02-acre lot and features one two-story building with a single tenancy. Currently vacant, this flex/R&D space offers significant potential. The property boasts one dock-high door and is ideally suited for a life science or R&D company seeking a corporate headquarters. Previously occupied by a publicly-traded company, the building includes over 17,000 square feet of existing first-floor lab space easily adaptable to warehouse or assembly use. Its strategic location provides high visibility along I-680 (approx. 159,000 cars daily), offering excellent signage opportunities and unobstructed views of the Carquinez Strait. The property benefits from immediate access to I-680, and is within ten minutes of I-80 and Highway 4, providing access to a large trade area. The asking price is $16,000,000, translating to $253.53 per square foot. The property's features include rear loading, heavy power, and a backup generator, making it a highly desirable location for a variety of uses within the thriving Bay Area life sciences market. This represents a compelling investment opportunity with significant lease-saving potential through depreciation write-offs, principal paydown, and building appreciation.

Location Insight

City

Benicia

County

Solano

State

California

Longitude

-122.117

Latitude

38.0818

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments