1289 Anvilwood AveSunnyvale, CA 94089

Property Details for 1289 Anvilwood Ave

Year built

1979

Construction

TILT-UP CONCRETE

Lot size

1.28 AC

Property size (Sq ft)

20,315 SF

Zone code

MS

Property type

Industrial properties

Property subtype

Other industrial properties

APN

104-33-015

APU

10433015

Description

This exceptional 20,377-square-foot industrial building, situated on a 1.28-acre lot in Sunnyvale, California's thriving tech market, presents a compelling investment opportunity. The single-story structure features a flexible multi-tenant layout, currently partially occupied. A portion (10,500 square feet) is leased to Drobo Inc. until February 28, 2023. The seller occupies the remaining space (9,877 square feet) and offers flexibility regarding occupancy post-sale, potentially leasing back short-term or vacating entirely. The property boasts 74 parking spaces (3.8 per 1,000 sq ft), three grade-level loading doors, and a 12-foot ceiling height. Internal features include multiple private offices, conference rooms, and two sets of multi-stall restrooms. Conveniently located near Highway 237 and Lawrence Expressway, this property is zoned MS (Industrial and Service). The asking price is $10,600,000, with a triple net (NNN) lease structure and a 3% annual rent bump. The property's features and location make it ideal for a variety of R&D and flex uses. The APN is 104-33-015.

• Alternative Use

  Use

  Valuation

  Residential

  $8,624,266

  Hospitality

  $7,899,781

  Educational

  $6,572,525

  Medical

  $6,798,564

  Retail

  $10,223,928

Location Insight

City

Sunnyvale

County

Santa Clara

State

California

Latitude

37.4087

Longitude

-121.994

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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