Listed by Fisher James Capital
$48,533,000
Tesla Sales, Service & Delivery + Collision Center
Details
Property Type Retail, Industrial
Sub Type Distribution, Auto Shop
Square Footage 24,947
Tenancy Single
Brand/Tenant Tesla
Rent Bumps Yes
Broker Co-Op True
Year Built 1967
Year Renovated 2024
Buildings 1
Acreage 4.450
Parking Spaces 280 spaces
Parking Per SqFt 11.22
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
Trophy Tesla Opportunity in Silicon Valley with Above Market Annual Rent Increases
Marketing description
Rare hybrid Tesla Sales, Service & Delivery + Collision Center located in the San Francisco Bay Area, in one of Silicon Valley’s most affluent and supply-constrained submarkets. The property is leased to Tesla, Inc. (NASDAQ: TSLA) on a new 12-year corporate net lease with above-market annual rent increases throughout the primary term and options. The facility supports Tesla’s vehicle sales, service, delivery, and collision repair operations throughout the South Bay and Silicon Valley.
Investment highlights
- New Long Term Corporate Net Lease to Tesla
- Above Market Annual Rent Increases
- Mission-Critical Hybrid SSD + Collision Center Serving Dense, Affluent Silicon Valley & South Bay Markets
- Trophy Location on Large ~4.5-Acre Lot with Ample Customer and Inventory Parking
- Long Term Covered Land Play with Strong Intrinsic Value
- Exceptional Exposure Along Los Gatos Blvd with Multiple Access Points and Prominent Monument Signage
- 1 Mile from Junction of Highways 85 & 17 (244,000 Combined ADT)
- Dense, Infill Location in Established Corridor Adjacent to Brand New Whole Foods Relocation Site
- Population of 1,142,881 within a 10-Mile Radius with High Concentration of Commuters
- Average Household Income of $284,041 within 3 Miles
- California Leads the Nation in Electric Vehicle Ownership
- Most EV-Friendly Metro Area in the U.S.
Listing Contacts
Listed by Fisher James Capital
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
CH(HEOZ) OverlayRestricted Commercial Highway Housing Element Overlay Zone
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 67 uses
View all 67 uses Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Is there information that looks off?
