For Lease
$45/SF/YR

155 Milpitas BlvdMilpitas, CA 95035

Flex/R&D Space Available, Milpitas, CA

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Property Details for 155 Milpitas Blvd

Property type
Life science properties, Industrial properties
RSF (Rentable sq. ft)
42,039 SF
Class
B
Year Built/Renovated
1996/2010
Buildings
1
Stories
2

Unit(s) available at that property

Space
Lab & Office Space
Size
42,039 SF
Rate per SF
$45

Location Insight

City
Milpitas
County
Santa Clara
State
California
Latitude
37.43003151
Longitude
-121.89820986
155 Milpitas Blvd, Milpitas, California

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155 Milpitas Blvd
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