16035 Vineyard Ave

21,049 SF Flex Building Morgan Hill, CA 95037 £5,200,339 (£247/SF) 5.28% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Great Power at 1,600A @ 480V Power
  • Up to 20’ Clear Height
  • Vacuum compressor
  • Fully Leased Single Tenant Building
  • 2 power Grade Level Roll-up Doors at Main Building and 1 roll-up Door at Storage Building
  • 190 psi compressor - plumbing throughout the building

EXECUTIVE SUMMARY

Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 16035 Vineyard Boulevard, Morgan Hill, CA (“the Property”), a 21,049 square foot R&D/flex investment opportunity located in highly desirable Morgan Hill, California. The building has had a long-standing history of stable occupancy as existing tenant has been in the building for over 20 years. The building is located in the Morgan Hill market which is a constrained R&D and industrial market with not a lot of availability. At 100% leased with a longstanding existing tenant; the Property offers investors a rare opportunity to purchase an R&D/flex building with significant infrastructure in highly desirable Silicon Valley. 16035 Vineyard Boulevard offers a 3.84 per 1,000 square foot parking ratio on +/-1.84 acres of land. 16035 Vineyard Boulevard is close to downtown Morgan Hill, less than 2 miles from the Morgan Hill Caltrain station and less than 1 mile from Highway 101.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £274,494 £13.04

PROPERTY FACTS

Price £5,200,339
Price Per SF £247
Sale Type Investment
Net Initial Yield 5.28%
Property Type Flex
Property Subtype
Light Manufacturing
  • Light Industrial Research & Development
  • Industrial Manufacturing
  • Light Industrial Light Distribution
Building Class B
Lot Size 1.84 AC
Rentable Building Area 21,049 SF
Number of Floors 1
Year Built 1990
Tenancy Single
Parking Ratio 3.94/1,000 SF
Clear Ceiling Height 20 ft
Level Access Doors 2

AMENITIES

  • Security System
  • Signage
  • Reception
  • Air Conditioning

UTILITIES

  • Water - City
  • Sewer - City

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • All Sensors Corp
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
All Sensors Corp Professional, Scientific, and Technical Services - - -
Bike Score®
Very Bikeable (77)

PROPERTY TAXES

ZONING

Zoning Code *MH
  • Listing ID: 34728937

  • Date on Market: 05/02/2025

  • Last Updated:

  • Address: 16035 Vineyard Ave, Morgan Hill, CA 95037