Multi-Tenant Industrial Facility For
16260 Church St, Morgan Hill, CA 95037
Multi-tenant industrial facility in Morgan Hill, CA, ideal for investors.
Type:Industrial
Property size:
16,832 SFPrice / SF:
$305/SF- Added:
- Jan 27, 2026
- Days on Market:
- 109
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 16260 Church St
General Information
- Standard status
- Active
- Size
- 16,832 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2001
Listing agent Christian Renz License #CA 01911413
Listing office Renz & Renz Investment & Commercial Brokerage
Listing date Jan 27, 2026
Source Crexi
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 Renz & Renz Investment & Commercial Brokerage
HighLights
- Multi‑tenant industrial facility with potential for strategic use and income.
- Originally designed as 4 units, configured as 3 self‑sustained units, offering flexibility.
- Opportunity for owner/users to occupy approximately half the building when Sempera Organics lease expires in May 2026.
- Potential for significant rental income upside through lease‑up opportunities.
- Located in Morgan Hill, South Silicon Valley, 10 miles south of San Jose.
- Built in 2001.
Overview
Located at 1620 Church St in Morgan Hill, CA, this multi-tenant industrial facility presents a strategic opportunity for both users and investors. Originally designed as four separate units, the property currently operates as three self-sustained units. The property's location in South Silicon Valley, approximately 10 miles south of San Jose, places it within a vibrant city known for its downtown area and year-round outdoor recreational activities such as cycling, golfing, swimming, and boating. With Sempera Organics' lease expiring in May 2026, owner-users have the potential to occupy approximately half of the 16,832 square foot building. Investors can capitalize on lease-up opportunities with the potential for significantly higher rents than currently realized.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$3.12M
NOI $280,944 @ 9.00% cap · cautious / downside scenario
Moderate
$4.01M
NOI $280,944 @ 7.00% cap · market / base-case scenario
Aggressive
$5.62M
NOI $280,944 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $434.3k | $25.80 |
| − Vacancy | −$32.9k | −$1.96 |
| EGI | $401.3k | $23.84 |
| − OpEx | −$120.4k | −$7.15 |
| NOI | $280.9k | $16.69 |
16,832 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Use Scenarios
Best Use
Industrial
$4.01M
$3.51M – $4.68M
NOI $280,944 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.16M
$8.89M – $11.86M
NOI $711,322 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chase VP
Marketing & Advertising
Sempera Organics, Inc.
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Morgan Hill
- County
- Santa Clara
- State
- California
- Longitude
- -121.6422281
- Latitude
- 37.1173643
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Multi-tenant industrial facility in Morgan Hill, CA, ideal for investors.
Where is this industrial property located?
The property is located at 16260 Church St Morgan Hill, CA.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: Multi‑tenant industrial facility with potential for strategic use and income.; Originally designed as 4 units, configured as 3 self‑sustained units, offering flexibility.; Opportunity for owner/users to occupy approximately half the building when Sempera Organics lease expires in May 2026.
