For Sale
$2,812,400

1061 Serpentine LnPleasanton, CA 94566

7,120 SF Industrial Flex Space in Pleasanton, CA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7,120 square foot flex space at 1061 Serpentine Lane, Unit A-I and H, in Pleasanton, California's Valley Business Park, presents a compelling owner-user opportunity. Priced at $2,812,400 ($395/SF), the property boasts attractive suite interiors and generates substantial income. Currently, Unit H (5,020 SF) is leased until December 31, 2025, and Unit A-I (2,100 SF) is leased until April 30, 2025. The property's strong financial performance is highlighted by an annual rental income of $210,708.00, offset by annual operating expenses of $75,936.90, resulting in a healthy annual net operating income of $134,771.10. This Alameda County location, with its convenient access and desirable business park setting, makes this a prime investment for owner-occupants seeking both immediate income and long-term value. The property is situated at 1061 Serpentine Ln, Pleasanton, CA 94566. This is a rare opportunity to acquire a well-leased, income-producing industrial flex space in a highly sought-after location.

Highlights

  • Owner-user opportunity with income potential.
  • 7,120 square foot building.
  • Located at 1061 Serpentine Lane, Pleasanton.
  • Unit H (5,020 SF) leased through December 31, 2025.
  • Unit A-I (2,100 SF) leased through April 30, 2025.
  • Annual rental income: $210,708.

Property Details for 1061 Serpentine Ln

Property type
Industrial properties, Flex space
Square Feet
7,120 SF

Location Insight

City
Pleasanton
County
Alameda
State
California
Latitude
37.6690658
Longitude
-121.8679132
1061 Serpentine Ln, Pleasanton, California

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1061 Serpentine Ln
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