1061 Serpentine Ln E E Ste Pleasanton, CA 94566-4793

Property Details for 1061 Serpentine Ln E E Ste

Year built

1998

Construction

TILT-UP CONCRETE

Property size

2,509 SF

Property type

Flex space

APN

946-4547-222

APU

9464547222

Description

This exceptional 7,120 square foot flex space at 1061 Serpentine Lane, Unit A-I and H, in Pleasanton, California's Valley Business Park, presents a compelling owner-user opportunity. Priced at $2,812,400 ($395/SF), the property boasts attractive suite interiors and generates substantial income. Currently, Unit H (5,020 SF) is leased until December 31, 2025, and Unit A-I (2,100 SF) is leased until April 30, 2025. The property's strong financial performance is highlighted by an annual rental income of $210,708.00, offset by annual operating expenses of $75,936.90, resulting in a healthy annual net operating income of $134,771.10. This Alameda County location, with its convenient access and desirable business park setting, makes this a prime investment for owner-occupants seeking both immediate income and long-term value. The property is situated at 1061 Serpentine Ln, Pleasanton, CA 94566. This is a rare opportunity to acquire a well-leased, income-producing industrial flex space in a highly sought-after location.

Location Insight

City

Pleasanton

County

Alameda

State

California

Longitude

-121.868

Latitude

37.6693

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments