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1290 Kifer Road, Sunnyvale, CA, USA

Price: $5,188,888 ($721/square feet)

Status: For Sale on January 2022

1290 Kifer Rd, Suites 303 & 305, Sunnyvale, CA 94086

Executive Summary

The Ivy Group is pleased to offer FOR SALE a portfolio of office & industrial properties located within the Kifer Commerce Park at 1290 Kifer Road, Suites 303 and 305, Sunnyvale, CA. Zoned Mixed Use District I (MXDI), the portfolio consists of two commercial condominiums totaling ± 7,200 square feet situated on approximately 20,332 square feet lot. Each unit is ± 3,600 square feet and is separately metered for electric. The two condos must be sold together. The grease trap capacity is 100 gallons.

The properties are built out as a fully equipped commercial kitchen, where meals are prepared daily and transported to nearby schools. This is a rare, once in a life time opportunity to own a premium commercial kitchen facility that has been approved by the Santa County Environmental Health Department.

Situated along the 101 corridor in the South Bay market, the properties are conveniently close to the San Jose Mineta International Airport, and surrounded by numerous amenities, hotels, new residential developments, high tech companies, as well as public transportation options.

The properties are walking distance to public bus stops, and is less than one mile to the Lawrence CalTrain Station.

This portfolio is available to an owner/user, or investor seeking a speciality use asset in a highly competitive, supply constrained market. This is a unique opportunity for an experienced operator to operate a culinary kitchen, catering, shared / community kitchen, food innovation center, incubator, accelerator, or food hub to service client needs.

Contact us today to learn more about the properties.

Offering Memorandum
Due Diligence

Highlights

  • Building Size

    7,200 square feet

  • Lot Size

    20,332 square feet (± 0.67 acres)

  • Year Built

    2007

  • Power

    Each unit 225 A, 110/220 V, 3 Ø (buyer to verify)

  • Zoning

    Commercial Kitchen, Mixed Use District I (MXDI)

  • Use

    Commercial kitchen / office / warehouse

  • Freeway Access

    Easy access to Highway 101

  • Bus Stop

    Walking distance to major bus stops and Lawrence CalTrain Station

  • Loading

    Two grade level rollup doors (10 ft x 13 ft each)

  • Parking

    Unreserved, first come first served

  • Metering

    Separate metered for electric

  • Number of Units

    Two suites: 303 & 305

  • APN

    216-55-071 (Suite 303), 216-55-072 (Suite 305)

  • Ceiling Height

    ± 25 feet warehouse, ± 9 feet office / kitchen

  • Fire Sprinklers

    100% sprinklered throughout