16325 Barrett Avenue, Morgan Hill, CA 95037
Well-located self-storage facility in Morgan Hill, California.
- Added:
- Nov 5, 2025
- Days on Market:
- 239
- Last Refresh:
- Mar 16 at 10:58 am
Property Features for 16325 Barrett Avenue
General Information
- Standard status
- Active
- Size
- 10,380 SF
- Lot size
- 0.81 Acres
Building Details
- Year Built
- 1978
Listing office MARCUS & MILLICHAP (650) 391-1700
Listing date Nov 5, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP
HighLights
- Located in a high barrier‑to‑entry market (Morgan Hill, CA) with strong demand.
- 100% drive‑up units with roll‑up doors.
- Remotely managed self‑storage facility.
- Secure gated perimeter with keypad access and 24‑hour surveillance.
- Stable cash flow and simplified management.
- Not subject to any local or state rent control laws.
Overview
Local Financial Insights For Industrial
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 | $267.8k | $25.80 |
| − Vacancy | −$20.3k | −$1.96 |
| EGI | $247.5k | $23.84 |
| − OpEx | −$74.3k | −$7.15 |
| NOI | $173.3k | $16.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Morgan Hill
- County
- Santa Clara
- State
- California
- Longitude
- -121.643843
- Latitude
- 37.1177798
