Sunnyvale Flex Space
1246 Birchwood Dr Sunnyvale, CA
For Sale
Contact for pricing
Flex space available in Sunnyvale with leaseback opportunity.
Property Size10,004 SF
Lot Size0.54 Acres
Price / SF$524.79
Days on Market1360
Property Features for 1246 Birchwood Dr
General Information
Standard status
Active
Size
10,004 SF
Lot size
0.54 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Kidder Mathews | Silicon Valley
(408) 588-2305
Listed By:
Rodney Moreschini · License #1257858
Source:
Moodyscre
Added: Nov 7, 2022
Changed: Jul 6
Last Checked: Jul 21 at 8:17AM
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 Kidder Mathews | Silicon Valley
Investment Insights
Based on property information with market context.
This property features approximately 10,004 square feet of flex space, situated on a parcel of approximately 24,089 square feet. The property is divided into two units and includes two ground-level doors. The property's APN is 104-29-014. Ownership requires a one- to two-year leaseback for half of the building.
Key Highlights
- ±10,004 SF available in 2 Units
- Situated on a ±24,089 SF parcel
- Features 2 ground level doors
Financial Insights For Warehouse
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 | $320.5k | $32.04 |
| − Vacancy | −$34.0k | −$3.40 |
| EGI | $286.6k | $28.64 |
| − OpEx | −$43.0k | −$4.30 |
| NOI | $243.6k | $24.35 |
10,004 SF · lease $32.04/SF/yr · vacancy 10.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.48M
$3.04M – $4.06M
NOI $243,569 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$2.87M
$2.51M – $3.34M
NOI $200,587 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$4.35M
$3.80M – $5.07M
NOI $304,302 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Cosmopolitan Catering — 1288 Reamwood Ave, Sunnyvale, CA 94089
Frequently Asked Questions
What type of property is this?
Flex space - Flex space available in Sunnyvale with leaseback opportunity.
Where is this flex space located?
The property is located at 1246 Birchwood Dr Sunnyvale, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: ±10,004 SF available in 2 Units; Situated on a ±24,089 SF parcel; Features 2 ground level doors
