1289 Anvilwood Ave Sunnyvale, CA 94089-2204
- Industrial properties
- 20,315 SF
- 1.28 lot acres
Current Use by Public Records
- Drobo / Corporate Office
Property Details for 1289 Anvilwood Ave
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.28 lot acres
- Property size
- 20,315 SF
- Zone code
- MS
- Property type
- Industrial properties
- APN
- 104-33-015
- APU
- 10433015
Description
This exceptional 20,377-square-foot industrial building, situated on a 1.28-acre lot in Sunnyvale, California's thriving tech market, presents a compelling investment opportunity. The single-story structure features a flexible multi-tenant layout, currently partially occupied. A portion (10,500 square feet) is leased to Drobo Inc. until February 28, 2023. The seller occupies the remaining space (9,877 square feet) and offers flexibility regarding occupancy post-sale, potentially leasing back short-term or vacating entirely. The property boasts 74 parking spaces (3.8 per 1,000 sq ft), three grade-level loading doors, and a 12-foot ceiling height. Internal features include multiple private offices, conference rooms, and two sets of multi-stall restrooms. Conveniently located near Highway 237 and Lawrence Expressway, this property is zoned MS (Industrial and Service). The asking price is $10,600,000, with a triple net (NNN) lease structure and a 3% annual rent bump. The property's features and location make it ideal for a variety of R&D and flex uses. The APN is 104-33-015.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $436,000
Market price range: $436k - $1.04M
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Location Insight
- Map
- Local Demand
- City
- Sunnyvale
- County
- Santa Clara
- State
- California
- Longitude
- -121.994
- Latitude
- 37.4087
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA