Corner Industrial Flex
1294 Hammerwood Avenue Sunnyvale, CA 94089
1294 Hammerwood Avenue, Sunnyvale, CA, 94089
Contact for pricing
For Sale
Contact for pricing
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 Market49
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
Listing Agency
Colliers | Silicon Valley
(408) 282-3950
Listed by
David Schmidt, SIOR · License #CA-00796685
(408) 316-6611
Source
Moodyscre
Added: Jun 2 Updated: Jul 10 at 1:49 pm Checked: Jul 20 at 2:31 am
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
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
Local 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 | $820.7k | $32.04 |
| − Vacancy | −$87.0k | −$3.40 |
| EGI | $733.7k | $28.64 |
| − OpEx | −$110.1k | −$4.30 |
| NOI | $623.7k | $24.35 |
25,615 SF · lease $32.04/SF/yr · vacancy 10.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$8.91M
$7.80M – $10.39M
NOI $623,653 @ 7.0% cap · market cap 7.98%
Second Best
Industrial
$7.34M
$6.42M – $8.56M
NOI $513,597 @ 7.0% cap · market cap 6.57%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Cosmopolitan Catering — 1288 Reamwood Ave, Sunnyvale, CA 94089
FAQs
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
