Description

Jones Lang LaSalle America’s Inc., (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in 2225 Jerrold Avenue (the “Property”), a mission critical, infill industrial asset totaling 98,614 SF of warehouse on 125,968 LSF (as leased) located in San Francisco, CA.

The Property is 100% leased to Uber (S&P – BBB Rating) with 10.75 years of remaining term (as of Nov-26). Built in 1982, the Property features 22’1”-25’5” clear heights, 6 dock-high doors and 3 grade level doors. The property recently underwent $2.1M in comprehensive renovations, including a complete interior transformation that opened the warehouse footprint and modernized the office space into an open floorplan, plus extensive exterior upgrades featuring a new 20-year roof warranty, full building repaint, and upgraded parking and landscaping.

Featuring the rare combination of long-term tenancy supported by investment-grade credit, mission critical functionality, unique protected permitting, and an A+ infill location within San Francisco, 2225 Jerrold is a rare opportunity to acquire core industrial real estate of scale within the San Francisco Bay Area

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