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29404326
29404341

16260 Church St, Morgan Hill, CA 95037

CR
CA 01911413
Renz & Renz Investment & Commercial Brokerage
Listed by Renz & Renz Investment & Commercial Brokerage
$4,850,000
131 days on market
Updated 31 days ago

Prime Industrial For Sale

Details
APN 817-05-058
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 16,832
Net Rentable (SqFt) 16,832
Units 4
Occupancy 50%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Pro-Forma Cap Rate 5.81%
Pro-Forma NOI $281,848
Price per SqFt $288
Broker Co-Op Yes
Class C
Year Built 2001
Buildings 1
Stories 1
Acreage 1.300
Zoning Industrial/Commercial
Investment Type Owner/User
Occupancy Date 05/31/2026
Ground Lease No
Ceiling Height 16
Ownership Trust
Sale Condition 1031 exchange

Rare Multi-Tenant Industrial Facility Close to Hwy 101

Marketing description

EXECUTIVE SUMMARY
Discover a truly unique industrial opportunity at 1620 Church St, Morgan Hill, CA. This quality multi-tenant industrial facility is positioned for strategic use and income for decades to come. The property was originally designed with the ability to operate as 4 separate units but is currently 3 self sustained units.
USERS AND INVESTORS
With Sempera Organics lease expiring in May of 2026, owner/users can occupy approx. half of the building. Investor can also see significant upside in lease up opportunities at significantly higher rents than currently realized.
LOCATION SUMMARY
Morgan hill is a vibrant city in Santa Clara County located in South Silicon Valley, just 10 miles south of San Jose. Morgan Hill's ideal location offers resident's and visitors a vibrant downtown, year-round outdoor recreational activities, including cycling, golfing, swimming, and boating.

Investment highlights

INVESTMENT HIGHLIGHTS

  • Ideal For Owner/User or Investment

  • Immediate Occupancy Available

  • Heavy 3 Phase Power

  • Rare Industrial Opportunity

  • Attractive and Well-Maintained

  • Just 15 Miles South of San Jose

Listing Contacts

CR
CA 01911413
Renz & Renz Investment & Commercial Brokerage
Listed by Renz & Renz Investment & Commercial Brokerage

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