This exceptional 42,039-square-foot industrial property, located at 155 S Milpitas Blvd, Milpitas, CA 95035, presents a unique opportunity. The Class B building, constructed in 1996 and renovated in 2010, offers flexible space ideal for flex or R&D uses. The property features a single two-story building with a 16-foot ceiling height, one elevator, and two drive-in doors. The space is divisible, with minimum leasable space of 5,943 square feet and maximum contiguous space of 42,039 square feet. The first floor comprises 22,081 square feet, combining lab, office, and warehouse space, while the second floor offers 19,958 square feet of 100% office space. Divisibility options on the second floor include 6,422, 6,461, or 7,075 square feet. Ample parking is available at a ratio of 3.52 spaces per 1,000 square feet. The property boasts 2000A power and is zoned M2. The building's floor area ratio (FAR) is 0.41. A special incentive is available for a full building or full floor lease signed by August 2024, offering a net-net-net (NNN) rent of $2.00 for the first year of a five-year lease term. This prime Milpitas location offers easy access to major transportation routes. The APN is 086.39.022 086.39.029.
Highlights
Immediately available, 42,039 SF Class B industrial building.
Two-story building with 16' ceilings, one elevator, and two drive-in doors.
Corner lot.
2000A power (tenant verify).
125 KVA backup generator (tenant verify).
First floor features wet labs, office, and warehouse space.
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Contacts
Rico Cheung
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155 Milpitas Blvd, Milpitas, California, 95035
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155 Milpitas Blvd
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