The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Flex Building in Richmond Sells for $3.15M

Comparable details:

Address:  1732-1776 Wright Ave, Richmond

Seller:   Fire-In-The-Hole, LLC

Buyer:  AA Portable Power Corp.

RBA SF:  41,850

Lot size:  1.10 AC (47,916 SF)

Selling price:  $3,150,000 ($75.27/SF)

Type:  Industrial-Flex

The property was built in 1970 and has two drive-ins and two docks.  The buyer is an owner/user who plans to occupy half of the property while the other half is leased.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Information

This entry was posted on December 27, 2011 by in Alameda County, East Bay, In the News, Industrial, Recent Sales and tagged , .
%d bloggers like this: