Flex Warehouse with
1112-1122 Cadillac Ct Milpitas, CA 95035
For Sale
Contact for pricing
Like-new flex building includes fully sprinklered warehouse and a grade-level loaded office with CAT 5 wiring.
Property Size2,273 SF
Price / SF$395.07
Days on Market74
Property Features for 1112-1122 Cadillac Ct
General Information
- Standard status
- Active
- Size
- 2,273 SF
- Property subtype
- FLEX_R_AND_D
Properties For Sale
at 1112-1122 Cadillac Ct Contact us
Listing Agency:
Avison Young | Palo Alto
(424) 265-9200
Listed By:
Lloyd Bakan · License #01914446
(424) 265-9200
Source:
Moodyscre
Added: May 11
Changed: Jul 22
Last Checked: Jul 22 at 5:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Palo Alto
Investment Insights
Based on property information with market context.
This like-new flex warehouse includes office and warehouse areas with practical interior finishes for day-to-day operations. The warehouse features a 20’ ceiling height and is fully sprinklered. Office space has 9’–10’ drop ceiling height and totals approximately 1,314 square feet, while the warehouse area totals approximately 959 square feet. CAT 5 wiring is included throughout.
The property is configured for grade-level loading, supporting straightforward receiving and distribution operations.
Overall, the space offers a combined warehouse and office setup with sprinkler protection, clear ceiling heights, and grade-level access.
The property is configured for grade-level loading, supporting straightforward receiving and distribution operations.
Overall, the space offers a combined warehouse and office setup with sprinkler protection, clear ceiling heights, and grade-level access.
Key Highlights
- Like‑new flex building with a sprinklered warehouse and grade‑level loading
- 20' ceiling height in the warehouse
- Office area: ±1,314 SF with 9'-10' drop ceiling height
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.4k | $56.04 |
| − Vacancy | −$20.8k | −$9.13 |
| EGI | $106.6k | $46.91 |
| − OpEx | −$26.7k | −$11.73 |
| NOI | $80.0k | $35.18 |
2,273 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$999.5K – $1.33M
NOI $79,962 @ 7.0% cap · market cap 8.90%
Second Best
Warehouse
$658.1K
$575.9K – $767.8K
NOI $46,068 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,057 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Taqueria Las Vegas — 1417 N Milpitas Blvd #3154, Milpitas, CA 95035
FAQs
What type of property is this?
Flex space - Like-new flex building includes fully sprinklered warehouse and a grade-level loaded office with CAT 5 wiring.
Where is this flex space located?
The property is located at 1112-1122 Cadillac Ct Milpitas, CA.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Like‑new flex building with a sprinklered warehouse and grade‑level loading; 20' ceiling height in the warehouse; Office area: ±1,314 SF with 9'-10' drop ceiling height
