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D&W Fine Pack - San Bernardino

4162 Georgia Boulevard, San Bernardino, CA
Availability: COE:5/17/2016 Net Rentable Area:174,030 SF
Shipping: The facility is The West Coast Hub of to D&W Fine Pack, a manufacturer of a broad line of food packaging and table wear products. The building is being sold with a brand-new 20-year, bond lease with no landlord responsibilities. The lease has two 10-year extension options and has annual 2% rental increases.
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Description

Agents

BEN TASHAKORIAN | FIRST VICE PRESIDENT


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

Toby Boessen | Associate

Member: NOIPG
License: CA 01925230
Cel: (703) 731-2815
Dir: (310) 909-5414
tboessen@marcusmillichap.com

Description

Marcus & Millichap is pleased to present 4162 Georgia Boulevard in San Bernardino, CA, a 174,030 SF Single-Tenant Industrial Manufacturing Facility. The facility is The West Coast Hub of to D&W Fine Pack, a manufacturer of a broad line of food packaging and table wear products. The building is being sold with a brand-new 20-year, bond lease with no landlord responsibilities. The lease has two 10-year extension options and has annual 2% rental increases.

The East San Bernardino submarket is one of the largest and healthiest submarkets in the Inland Empire East industrial market. The submarket is outside of Los Angeles, offering easy access to the Ports of LA and Long Beach, which together create the largest port complex in the country, handling about 40% of total container traffic. 90% of goods arriving at these ports are transported through the Inland Empire by a significant rail and freeway infrastructure, including the main lines of both the Burlington Northern Santa Fe (BNSF) and Union Pacific railroads.

Features

  • Single-Tenant Industrial Manufacturing Facility
  • 174,030 SF Building on 12.71 Acres of Land
  • Bond Lease with No Landlord Responsibilities
  • New 20-Year Lease
  • Annual 2% Rent Increases
  • Two 10-Year Options to Extend
  • Ability to Receive Raw Materials Via Northern Santa Fe Railway

COE

5/17/2016

Net RBA

174,030 SF

Year Built

1985 / 1998

Lease Type

Bond Lease

Cap Rate

7.28%

Lease Term

20 Years

Annual Increases

2%

Lease Option

2 (10-Year)

Details

  • 22932142
  • Industrial
  • COE:5/17/2016 Net Rentable Area:174,030 SF
  • New

Shipping Information

  • Item Requires Shipping
  • The facility is The West Coast Hub of to D&W Fine Pack, a manufacturer of a broad line of food packaging and table wear products. The building is being sold with a brand-new 20-year, bond lease with no landlord responsibilities. The lease has two 10-year extension options and has annual 2% rental increases.

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