1289 Anvilwood Ave Sunnyvale, CA 94089-2204
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.
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Drobo Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MS · Sunnyvale, CASunnyvale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.