- For Sale Contact for pricing
- Property Type Industrial - Warehouse/Distribution
- Date Updated Apr 14, 2024
Colliers Industrial Capital Markets, as exclusive advisors, are pleased to offer the opportunity to acquire Pacific Distribution Center (the “Property”), a state-of-the-art, class A, ± 712,130 SF warehouse distribution facility strategically located in the Central Valley of California. The Property is 100% leased to two tenants and features highly sought after specifications that best serve corporations in the region, such as 36’ clear heights, 112 dock-high doors with cross loading, low office finish, 185’ truck court, and 244 trailer positions.
Strategically located with direct access to I-5 in Patterson, the Property serves as an excellent distribution hub for the region. Several prominent corporations, such as CVS, Kohls, and Amazon, have established large presences in Patterson and benefit from a cost-effective labor pool, strategic distribution advantages, and discounted rental rates when compared to alternate Central Valley California submarkets.
The Property is 100% leased to two tenants, Article Furniture and G3 Enterprises, both of which individually comprise 50% of the Property’s SF and are heavily committed to the region. The Property boasts a durable income stream as Article Furniture has recently executed a lease that expires April 2034. The Property also features significant upside with the near-term mark-to-market opportunity presented by G3 Enterprises’ 2025 lease expiration at an expiring rate approximately 17% below projected market rent.
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Attachments
False
Contacts
Michael Kendall
Gian Bruno
Kenny Patricia
Kylie Jones
Michael Goldstein
Colliers
(209) 475-5106
Ryan McShane
Colliers
(209) 475-5105
Location
Getting Around
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Walk Score ®
Car-Dependent (24) -
Bike Score ®
Somewhat Bikeable (31)
- City Patterson, CA
- Zip Code 95363
- Market Central Valley
Points of Interest
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76
0.89 miles
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Chevron
0.93 miles
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Kwik Serve
1.87 miles
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Valero
1.91 miles
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One Stop
6.20 miles
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Joe's Travel Plaza
7.20 miles
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76
7.33 miles
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Chevron
7.39 miles
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Shell
7.52 miles
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Chevron
9.31 miles
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Save Mart
1.17 miles
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Walmart Supercenter
1.26 miles
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Qwik Serve
7.37 miles