Corner Industrial Flex
For Sale
Contact for pricing
1294 Hammerwood Avenue, Sunnyvale, CA 94089
Corner industrial flex facility with fire sprinklers and immediate availability, supported by MS Industrial zoning.
Property Size25,615 SF
Lot Size1.44 Acres
Price / SF$305
Days on Market140
Property Features for 1294 Hammerwood Avenue
General Information
Standard status
Active
Size
25,615 SF
Lot size
1.44 Acres
Property subtype
FLEX_R_AND_D
Zoning
MS Industrial
Additional Details
Sprinkler System
Yes
Listing Agency:
Colliers | Silicon Valley
(408) 282-3800
Listed By:
Duffy D'Angelo · License #CA-00796685
(408) 282-3950
Source:
Moodyscre
Added: Jun 2
Changed: Oct 13
Last Checked: Oct 16 at 7:38AM
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 Colliers | Silicon Valley
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Investment Insights
Based on property information with market context.
A corner industrial flex facility totaling 25,615 SF, with 17,805 SF available immediately and 7,810 SF leased on a short-term basis. The property is built to support light industrial or warehouse use, and it includes fire sprinkler protection.
Located at 1294 Hammerwood Avenue in Sunnyvale, CA, the site sits on approximately 1.44 acres. The property benefits from a corner location and is currently carried under MS Industrial zoning.
This setup can fit businesses looking for an industrial flex configuration with a meaningful portion ready for immediate occupancy, while retaining additional space that is currently leased short term. The fire-sprinklered building and MS Industrial zoning provide a practical baseline for prospective tenants and owners evaluating an industrial acquisition or occupancy plan. Call to schedule a tour and review the currently available and leased portions of the building.
Located at 1294 Hammerwood Avenue in Sunnyvale, CA, the site sits on approximately 1.44 acres. The property benefits from a corner location and is currently carried under MS Industrial zoning.
This setup can fit businesses looking for an industrial flex configuration with a meaningful portion ready for immediate occupancy, while retaining additional space that is currently leased short term. The fire-sprinklered building and MS Industrial zoning provide a practical baseline for prospective tenants and owners evaluating an industrial acquisition or occupancy plan. Call to schedule a tour and review the currently available and leased portions of the building.
Key Highlights
- 25,615 SF total industrial flex space with 17,805 SF available immediately
- 7,810 SF leased on a short‑term basis
- Corner location on a 1.44‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$513,597
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,271,940
$10.3M
Cap Rate 7%
$7,337,100
$7.3M
Cap Rate 9%
$5,706,633
$5.7M
Market Conditions
NOI Build-Up for 25,615 SF
Gross rent
$820.7K $32.04/SF
− Vacancy
−$87.0K −$3.40/SF
EGI
$733.7K $28.64/SF
− OpEx
−$220.1K −$8.59/SF
NOI
$513.6K $20.05/SF
Area
Sunnyvale, CA
Vacancy
10.60%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,271,940
Cap Rate 7%
$7,337,100
Cap Rate 9%
$5,706,633
Alternative Uses
Best Use
Industrial
$7.34M
$6.42M – $8.56M
NOI $513,597 @ 7.0% cap · market cap 6.57%
Second Best
Flex RnD
$6.81M
$5.96M – $7.95M
NOI $476,911 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$11.13M
$9.74M – $12.99M
NOI $779,159 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94089, CA
23,255
Population
9,449
Households
2.5
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
6.1 sq mi
ZIP Area
3,812
Density / Sq Mi
$153,725
Median Household Income
$82,653
Median Earnings
$3,351
Median Rent
$392,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Cosmopolitan Catering — 1288 Reamwood Ave, Sunnyvale, CA 94089
Frequently Asked Questions
What type of property is this?
Flex space - Corner industrial flex facility with fire sprinklers and immediate availability, supported by MS Industrial zoning.
Where is this flex space located?
The property is located at 1294 Hammerwood Avenue Sunnyvale, CA.
What is the asking price?
The asking price for this property is $7,812,575.
What are key features of this property?
This property features: 25,615 SF total industrial flex space with 17,805 SF available immediately; 7,810 SF leased on a short‑term basis; Corner location on a 1.44‑acre site
