Property History
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Marketing Description
Cushman & Wakefield, as exclusive advisor, presents a +/-3.03 acre parcel located in Silicon Valley. The property is a single parcel so cannot be sold separately.
The asset is situated just off Highway 101 in Silicon Valley’s premier advanced manufacturing setting that is home to major employers such as IBM, Western Digital, BEA Systems, Seagate, NDS Surgical, Thermo Fisher, and Boston Scientific, along with numerous clean tech, life science, internet, and advanced manufacturing companies.
Strong demographics with over 73,800 people and an average household income (AHI) of over $100,000 within 3 miles.
Investment Highlights
- Brand new 15-year ground lease with drive-thru to Chick-Fil-A and 30-year ground lease to Au Energy (Shell Gas)
- Additional +/-5,000 SF retail building on lot with Starbucks drive-thru and Subway.
- Easy Highway 101 accessibility and visibility
- Rental increases in all the leases as a hedge against inflation
- Stable in-place cash flow from long-term national brands
- Desirable net lease structure with minimal landlord responsibilities
- Institutional quality asset in core Silicon Valley location
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
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Contacts
Listing removed on
BY:
Andrew Bogardus PRO
•••.•••.0599
••••.••••rdus@••••••••.com
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