390 Potrero AveSunnyvale, CA 94085

Property Details for 390 Potrero Ave

Year built

1977

Construction

TILT-UP CONCRETE

Lot size

1.29 AC

Property size (Sq ft)

20,000 SF

Zone code

M1

Property type

Life science properties

APN

165-30-009

APU

16530009

Description

Peery Park, located at 390 Potrero Avenue in Sunnyvale, California, presents a unique opportunity to lease prime office and R&D space. This single-story building, constructed in 1977, offers a total of 20,000 square feet, with 10,000 square feet currently available for lease. The property sits on a 1.29-acre lot in the desirable Hermosa Collection Street area of Santa Clara County, zip code 94085. The building is classified as both office and industrial space, specifically catering to executive office and R&D tenants. The property is suitable for multiple tenants. Ample parking is available, with 3.75 spaces provided. This presents an excellent opportunity for businesses seeking flexible and well-located space in the heart of Sunnyvale's thriving technology corridor. The available space totals 10,000 square feet, offering significant potential for a variety of uses. The property's location offers easy access to major transportation routes and amenities. Interested parties should inquire for lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $28,880,700

  6.5%

  $26,659,100

  7%

  $24,754,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,497,900

  Geo Method

  $8,925,120

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $13,460,900

  Mixed-Use / Specialty

  $13,247,600

  Hospitality / Lodging

  $9,504,120

  Office

  $12,996,700

  Institutional / Educational

  $13,713,100

  Residential Income

  $16,044,300

  Multifamily

  $20,159,100

  Automotive / Energy

  $11,754,100

  Parking / Income-Based Land

  $4,219,510

  Restaurant / Food Service

  $6,537,390

  Healthcare / Senior Housing

  $13,754,700

Location Insight

City

Sunnyvale

County

Santa Clara

State

California

Latitude

37.3881

Longitude

-122.037

CBSA code

41940

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].