2455 Bates Ave

Investment Overview

2455 Bates Ave is a ±19,800 SF masonry flex-industrial building with fourteen suites of up to 2,420 SF on a ±0.92-acre corner parcel in unincorporated Concord; eleven suites are leased to local operators and the largest, 2,420 SF, is available. In-place income is $275,160 a year with Suite G vacant. Base rent averages $1.21 per rentable foot, on gross leases, against a market of $1.50 gross — a roll a buyer resets suite by suite.