894 Faulstich Ct - Warehouse FOR SALE


San Jose, CA 95112- Berryessa
$9,995,000 USD
408-966-5919
894 Faulstich Ct, San Jose, CA for Sale
$9,995,000 USD
Warehouse - FOR SALE
1/38
null | 5.73% Cap Rate

894 Faulstich Ct
San Jose, CA 95112
Berryessa


HIGHLIGHTS

  • Rare 31,409 SF Industrial Building For Sale - Investment/Owner User Opportunity
  • Seller will Leaseback at the COE for Unit B (17,209 SF) or an Owner User can Occupy 17,209 SF Immediately or Whole Building within 7 Months
  • 2 Contiguous Units (14,200 SF & 17,209 SF)
  • 1.59 AC Lot with 5,000 SF Fenced Yard | 4 Grade Level Doors | 3 Phase - 800 Amps | 100% HVAC
  • 20' Clear Height | LED Lighting | Fully Sprinklered Building | Fully Insulated Building
  • Light Industrial Zoning & General Plan Designation

OVERVIEW

- Investment or Owner User Opportunity – 31,409 SF Light Industrial Building For Sale on Faulstich Ct Directly Off Oakland Rd. - 2 Contiguous Units (14,200 SF & 17,209 SF). - Seller is Currently Occupying Unit B (17,209 SF) which is 55% of the Total Square Footage and Unit A (14,200 SF) is leased to Network Distributors and the lease can be Terminated with 7 Months Notice. - Seller Will Sign a Leaseback at the Close of Escrow for Unit B (17,209 SF), or an Owner User can Occupy Unit B (17,209 SF) Immediately at the Close of Escrow and Unit A (14,200 SF) 7 months from the Close of Escrow. - Large 1.59 AC Lot with 51 Parking Spaces - 5,000 SF Fenced Yard in the Rear of the Property. - Building was Fully Renovated in 2014 and is in Exceptional Condition. - Fully Insulated Building - Fully Sprinklered Building - Large Outdoor Fully Enclosed Storage Shed attached along the Back Side of the Building, Approximately 850 SF. - LED Lighting - Power: 800 Amps/480V 3 Phase - 4 Grade Level Roll Up Doors - 20’ Ceiling Clear Height - 100% HVAC - LI – Light Industrial Zoning and General Plan Designation - Central Location with Easy Access to Highway 101, The Property is on Faulstich Ct Directly off Oakland Rd between E Gish Rd & Old Backshore Hwy/Commercial St.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

5.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

31,409 SF Industrial Investment or Owner User

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.58

LAND SF

68,825

ZONING

LI - Light Industrial

APN/PARCEL ID

241-13-017

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David TaxinMeacham OppenheimerMore Info
408-966-5919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.