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18705 Madrone Pky

120,000 SF Vacant Flex Building Morgan Hill, CA 95037 £19,087,006 (£159/SF)

EXECUTIVE SUMMARY

• High Identity Location - Corporate Headquarters Environment
• Two Story Office/R&D Building
• Great for an owner/user looking for future expansion
• 60,000 SF lease through 10/31/2028
• 2-Story Lab Area
• Server Room with Back up Breaker and Redundant Cooling
• Extensive Glass Line
• Showers
• 3,000 Amps of Power
• 3.8/1,000 Parking Ratio
• Close proximity to amenities and downtown Morgan Hill
• Easy access to Highway 101 and Monterey Highway

PROPERTY FACTS

Price £19,087,006
Price Per SF £159
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Flex Research & Development
Building Class B
Lot Size 6.97 AC
Rentable Building Area 120,000 SF
Number of Floors 2
Year Built 2001
Parking Ratio 3.8/1,000 SF
Clear Ceiling Height 10 ft

AMENITIES

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Bus Route
  • Conferencing Facility
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 4,000-60,000 SF
  • Light Industrial
  • Full Build-Out
  • Now

±60,000 SF For Lease / ±120,000 SF For Sale - Great for an owner/user looking for future expansion High Identity Location - Corporate Headquarters Environment Two Story Office/R&D Building 60,000 SF lease through 10/31/2028 2-Story Lab Area Server Room with Back up Breaker and Redundant Cooling Extensive Glass Line Showers 3,000 Amps of Power 3.8/1,000 Patio Ratio Close proximity to amenities and downtown Morgan Hill Easy access to Highway 101 and Monterey Highway

Space Size Space Use Condition Available
1st Floor 4,000-60,000 SF Light Industrial Full Build-Out Now

1st Floor

Size
4,000-60,000 SF
Space Use
Light Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 4,000-60,000 SF
Space Use Light Industrial
Condition Full Build-Out
Available Now

±60,000 SF For Lease / ±120,000 SF For Sale - Great for an owner/user looking for future expansion High Identity Location - Corporate Headquarters Environment Two Story Office/R&D Building 60,000 SF lease through 10/31/2028 2-Story Lab Area Server Room with Back up Breaker and Redundant Cooling Extensive Glass Line Showers 3,000 Amps of Power 3.8/1,000 Patio Ratio Close proximity to amenities and downtown Morgan Hill Easy access to Highway 101 and Monterey Highway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
726-35-032
Land Assessment
£3,893,749
Improvements Assessment
£11,519,008
Total Assessment
£15,412,757

ZONING

Zoning Code ML (light industrial/office/r&D)
ML (light industrial/office/r&D)
  • Listing ID: 28136572

  • Date on Market: 04/04/2023

  • Last Updated:

  • Address: 18705 Madrone Pky, Morgan Hill, CA 95037

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