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Two-Story Office/R&D Building
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18705 Madrone Pkwy, Morgan Hill, CA 95037

Two-story office/R&D building with showers and an on-site parking ratio of 3.8 per 1,000 square feet.

Property Size120,000 SF
Days on Market778

Property Features for 18705 Madrone Pkwy

General Information

Standard status Active
Size 120,000 SF
Property subtype FLEX_R_AND_D

Additional Details

Business Included No
Highway Access Yes

Amenities

Showers

Building Details

Stories 2
Listing Agency: CBRE | San Jose
Listed By: Paul Lyles · License #01236021
Source: Moodyscre
Added: Jun 14, 2024 Changed: Jul 28 Last Checked: Jul 30 at 9:44AM

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 CBRE | San Jose

Investment Insights

Based on property information with market context.

This two-story office/R&D building offers a work-focused layout suitable for a combination of office and research-and-development use. The property includes showers, supporting day-to-day employee needs, along with parking allocated at a 3.8 per 1,000 square feet ratio.

The building is located in a high-identity corporate headquarters environment, with close proximity to amenities and downtown Morgan Hill. It also provides easy access to Highway 101 and Monterey Highway, supporting convenient commuting and business travel.

The offering includes flex space and industrial real estate use, with the for-sale option totaling up to 120,000 square feet. For leasing, space sizes are described as ranging from approximately 4,000 to 60,000 square feet.

Key Highlights

  • Two‑story office/R&D building with showers
  • ±4,000–±160,000 SF available for lease and ±120,000 SF available for sale
  • On‑site parking ratio of 3.8 per 1,000 square feet

Property Analytics

Current Use

ITT Corporation Industrial Manufacturer Filipelli LLC Hardware & Home Improvement Humane Raccoon Removal ... Animal Shelter Harris Corporation Industrial Manufacturer

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Law Firm Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95037, CA

53,126
Population
17,185
Households
3.1
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
442
Density / Sq Mi
$158,256
Median Household Income
$71,130
Median Earnings
$2,242
Median Rent
$1,152,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-story office/R&D building with showers and an on-site parking ratio of 3.8 per 1,000 square feet.
Where is this flex space located?
The property is located at 18705 Madrone Pkwy Morgan Hill, CA.
What are key features of this property?
This property features: Two‑story office/R&D building with showers; ±4,000–±160,000 SF available for lease and ±120,000 SF available for sale; On‑site parking ratio of 3.8 per 1,000 square feet
(408) 307-5363 Call to check price and availability
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