Industrial / Manufacturing Building For Sale...Industrial / Manufacturing Building 13525 Blackie...
Transcript of Industrial / Manufacturing Building For Sale...Industrial / Manufacturing Building 13525 Blackie...
Industrial / Manufacturing Building For Sale
13525 Blackie Road, Castroville, California
OFFERING MEMORANDUM±87 ,416 SF INDUSTRIAL BUILDING ON A 3 .384 ACRE LOT
ASKING PRICE: $9 ,750 ,000
Offering Memorandum Disclaimer
For more information, please contact
one of the following individuals:
This Confidential Offering Memorandum (“Memorandum”) is being delivered subject to the terms of the Confidentiality Agreement (the
“Confidentiality Agreement”) signed by you and constitutes part of the Confidential Information (as defined in the Confidentiality Agreement).
It is being given to you for the sole purpose of evaluating the possible investment in 11480 Commercial Parkway, Castroville, California (the
“Project”), and is not to be used for any other purpose or made available to any other party without the prior written consent of Dan Caputo
Company (“Managing Member”), or its exclusive broker, Cushman & Wakefield. This Memorandum was prepared by Cushman & Wakefield
based primarily on information supplied by Managing Member. It contains select information about the Project and the real estate market but
does not contain all the information necessary to evaluate the Project. The financial projections contained herein (or in any other Confidential
Information) are for general reference only. They are based on assumptions relating to the overall economy and local competition, among other
factors. Accordingly, actual results may vary materially from such projections. Various documents have been summarized herein to facilitate
your review; these summaries are not intended to be a comprehensive statement of the terms or a legal analysis of such documents. While the
information contained in this Memorandum and any other Confidential Information is believed to be reliable, neither Cushman & Wakefield nor
Managing Member guarantees its accuracy or completeness. Because of the foregoing and since the investment in the Project is being offered
on an “As Is, Where Is” basis, a prospective investor or other party authorized by the prospective investor to use such material solely to facilitate
the prospective purchaser’s investigation, must make its independent investigations, projections and conclusions regarding the investment in
the Project without reliance on this Memorandum or any other Confidential Information. Although additional Confidential Information, which
may include engineering, environmental or other reports, may be provided to qualified parties as the marketing period proceeds, prospective
purchasers should seek advice from their own attorneys, accountants, engineers and environmental experts. Neither Cushman & Wakefield
nor Managing Member guarantees the accuracy or completeness of the information contained in this Memorandum or any other Confidential
Information provided by Cushman & Wakefield and Managing Member. Managing Member expressly reserves the right, at its sole discretion,
to reject any offer to invest in the Project or to terminate any negotiations with any party at any time with or without written notice. Managing
Member shall have no legal commitment or obligations to any prospective investor unless and until a written sale agreement has been fully
executed, delivered and approved by Managing Member and any conditions to Managing Member’s obligations thereunder have been satisfied
or waived. Managing Member has retained Cushman & Wakefield as its exclusive broker and will be responsible for any commission due to
Cushman & Wakefield in connection with a transaction relating to the Project pursuant to a separate agreement. Cushman & Wakefield is not
authorized to make any representation or agreement on behalf of Managing Member. Each prospective investor will be responsible for any
claims for commissions by any other broker in connection with an investment in the Project if such claims arise from acts of such prospective
investor or its broker. This Memorandum is the property of Managing Member and all parties approved by Managing Member and may be
used only by parties approved by Managing Member. No portion of this Memorandum may be copied or otherwise reproduced or disclosed to
anyone except as permitted under the Confidentiality Agreement.
Greg FindleyManaging Director+1 831 755 [email protected]
Josh JonesManaging Director+1 831 647 [email protected]
Location: 13525 Blackie Road, Castroville, CA
APN: 030-301-002
Building Area:
±24,539 SF - Light Manufacturing±36,248 SF - Warehouse±6,048 SF - Mezzanine Storage±20,581 SF - Office/Lunch Room±87, 416 SF - TOTAL
Site Area: ±3.384 Acres
Zoning: Castroville Community Plan
Ceiling Height: ±20-24 Clear Height
Power: 480V, 2500 Amp, 3 Phase
Door Access: 2 Loading docks & 2 Grade level doors
Asking Price: $9,750,000
Property Description
The subject property is located within the Castroville Industrial Park. This is a master planned , full service industrial park in northern Monterey County. The location is accessible via Blackie Road, which is main east-west arterial providing direct access with State Highway 156 and Highway 1 and providing excellent access to the tri-county area.
FOR SALE13525 BLACKIE ROAD | CASTROVILLE, CA
11480 Commercial Parkway, Castroville, CA 313525 Blackie Road, Castroville, CA
cushmanwakefield.com4 13525 Blackie Road, Castroville, CA 4
Parcel Map
FOR SALE13525 BLACKIE ROAD | CASTROVILLE, CA
13525 Blackie Road, Castroville, CA 5
Floor Plans - First Floor
FOR SALE13525 BLACKIE ROAD | CASTROVILLE, CA
cushmanwakefield.com613525 Blackie Road, Castroville, CA 6
Floor Plans - Second Floor
11480 Commercial Parkway, Castroville, CA 713525 Blackie Road, Castroville, CA
FOR SALE13525 BLACKIE ROAD | CASTROVILLE, CA
Salinas Valley Area
• Castroville is strategically located in the Salinas Valley in unincorporated Monterey County, just
8.2 miles north of the City of Salinas, 15.7 miles northeast of the Monterey bay, and 31 miles from
Santa Cruz.
• Situated in the “Central Coast” region of California which includes the Monterey Peninsula and
runs parallel to Monterey Bay.
• The property is adjacent to Highway 156, which connects Highway 101 to Highway 1.
Infrastructure
• Castroville is accessed by Highway 156 and Highway 183
• Highway 156 passes east/west through the city and provides direct access to Highway 1 and
Highway 101.
• Highway 183 connects the community of Castroville with the City Salinas to the south and Santa
Cruz County to the north.
• Rail service is nearby on Union Pacific’s main line, connecting to shipping in the San Francisco
Bay Area to destinations worldwide.
• Twelve major commercial trucking terminals and 18 additional carriers serve the Salinas Valley.
• More than 1,000 trucks per day export produce during peak season.
cushmanwakefield.com8
Location Overview
CASTROVILLE
13525 Blackie Road, Castroville, CA
FOR SALE13525 BLACKIE ROAD | CASTROVILLE, CA
Market OverviewLocation Overview
280
101
237
680 880 580 80
87
84 1 123 156 183
85 82 92280
101
237
680 880 580 80
87
84 1 123 156 183
85 82 92
280
101
237
680 880 580 80
87
84 1 123 156 183
85 82 92
MERRITT STREET
BLAC
KIE
ROAD
MONTEREY PENINSULA
OCEAN MIST PARKWAY
Location Overview 13525 Blackie Road is roughly 1 mile south of the Central Business District. The location is accessible via Blackie Road, which is a main east-west arterial providing direct access with State Highway 156 and Highway 1.
COAST AMERICAN COOLING
BOTTLING COMPANY CENTRAL COLD
STORAGE
CHIC EVENTS
SUBJECT SITE
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
C O N TA C T S
Industrial / Manufacturing Building
13525 Blackie Road, Castroville, California
Greg FindleyManaging Director
+1 831 755 [email protected]
Josh JonesManaging Director
+1 831 647 [email protected]