1190 Norman Ave - Service FOR SALE
Santa Clara, CA 95054 |
1190 Norman Ave
Santa Clara, CA 95054
HIGHLIGHTS
- The site is located 0.1 miles away from Montague Expressway, which provides convenient access to the main arteries of the Bay Area – 0.8 miles to U.S.
- The property was acquired by professional ownership in January 2023. Since then, the owner has spent significant dollars to install new roof on 1190,
- 18 new leases were signed in 2023, demonstrating incredible demand for incubator industrial space.
- Currently, there are 2 automotive spaces available in Sunnyvale and Santa Clara. These 2 spaces contribute to an overall vacancy rate of 0.9%, which i
- Incubator size suites – 26 suites varying from 720 SF – 2,880 SF with an average unit size of 1,163 SF.
- Each individual suite has its own bathroom except for 1192-A; however, 1192-A has capped plumbing in place should the owner wish to build a bathroom.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Service
ADD'L SUBTYPES
Warehouse, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
UTILITIES
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CLEAR CEILING HT
13 Ft
DOCKS
-
DRIVE INS
17
PARKING SPACES
41
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
104-14-110
