Listed by TRI Commercial Oakland, TRI Commercial Walnut Creek, TRI Commercial Real Estate Services
$8,950,000
385 Woodview Avenue
Details
APN 726-33-008
Property Type Industrial
Sub Type Flex, R&D
Square Footage 32,045
Cap Rate 7.23%
NOI $646,943
Tenancy Multi
Year Built 1986
Year Renovated 2009
Stories 1
Acreage 2.030
Zoning Light Industrial
Parking Spaces 94 spaces
Parking per 1,000 SqFt 2.93
Ceiling Height 22'
Loading Docks 4
Industrial | 7.23% CAP | 32,045 SqFt
Marketing description
Rare Single Story Freestanding R&D/Flex Building
The property is located in north Morgan Hill along a major thoroughfare, Cochrane Road and Monterey Road. In close proximity to numerous restaurants, retail amenities, and much more. Close distance to Highway 101.
Investment highlights
- Rare Single Story Freestanding R&D/Flex Building
- APN: 726-33-008
- Building Size: ±32,045 SF
- ±12,658 SF available for immediate occupancy with an additional 13,304 SF available upon tenants’ upcoming lease
- expirations.
- Land Size: ±88,427 SF (2.03 AC)
- Year Built: 1986 / Renovated 2009
- Clear Height: 22’ (Buyer To Verify)
- Power: TBD (Buyer To Verify)
- High-End Office Interiors
- Four (4) Grade Level Doors
- Parking Stalls: 94 (Buyer To Verify)
- Fire Sprinklers: Yes
- Zoning: Light Industrial (IL), (Buyer To Verify Zoning & Approved Uses)
- SBA Financing Opportunity
- Location Description: The property is located in north Morgan Hill along a major thoroughfare, Cochrane Road and Monterey Road. In close proximity to numerous restaurants, retail amenities, and much more. Close distance to Highway 101.
Listing Contacts
Listed by TRI Commercial Oakland, TRI Commercial Walnut Creek, TRI Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$646,943.04
$53,911.92/mo
Valuation Metrics
0
DSCR
7.23%
Cap Rate
7.23%
ROI
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Property History
Tax History
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