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1901 Las Plumas Ave, Suite 10, San Jose, CA

Price: $4,199,999 ($271/sf)

Executive Summary

The Ivy Group is pleased to offer for sale an industrial/flex condominium located within the Las Plumas Commerce Center. Zoned Light Industrial (LI), the property was built in 1984 and perfectly suited for electronics manufacturing, and R&D users.

The property is approximately 30% office and 70% warehouse. It features one grade level roll up door, 28 feet high ceilings and compressed air lines, rated at 125 psi. The property is equipped with 4 restrooms, has air conditioning and heating through out the offices and warehouse, and is served with 1200 amps at 277/480 volts, 3 phase. This is a unique opportunity for an owner/user to acquire the Property and operate its own business, or investor to place strong tenant(s) to occupy the Property for steady income.

The property is located in the San Jose IBP East submarket, and situated at the corner of Las Plumas Avenue and King Road. It is surrounded by numerous restaurants, public transportation nodes and convenient nearby amenities. With easy access to highways 101, 680 and 880, the property is in close proximity to the Berryessa BART station and bus stops. It is also conveniently located near 3 major international airports: San Jose Mineta International Airport, Oakland International Airport and San Francisco International Airport.

Offering Memorandum
Due Diligence

Highlights

  • Building Size

    15,481 square feet

  • Lot Size

    172,236 square feet (3.95 acres)

  • Year Built

    1984

  • Power

    277/480 volts, 400A 3Ø, 1200A Single Ø, (Buyer to verify)

  • Zoning

    Light Industrial (LI)

  • Use

    Light Industrial

  • Freeway Access

    Minutes to freeways 101, 280, 680, 880

  • Accessibility

    Convenient and easy access to freeway 101 and 680

  • Bart Station

    Berryessa / North San Jose BART

  • Bus Stop

    Walking distance to major bus stops and public transportation nodes

  • Loading

    One grade level rollup door

1901 Las Plumas Ave, Suite 10, San Jose, CA

Location

Located on the southern shore of the San Francisco Bay, San Jose is part of Santa Clara County and is a city of over 1,021,795 population. Commonly referred to as the “Capital of Silicon Valley”, San Jose is the cultural, financial, and political center of Silicon Valley. It is conveniently served by Interstates 101, 680 and 880, as well as transport lines including Caltrain, VTA and the Bay Area Rapid Transit (BART) system.

The city is home to a broad variety of innovative firms including high tech, life science, and clean technology companies. San Jose has a broad range of quality, affordable business locations, a superior workforce, and incentive programs to meet business needs.

San Jose is one of the most wealthiest, ethnically and culturally diverse cities in the Bay Area, with above average household income in which over 50% of residents holding bachelors, graduate, or professional degrees.

Residents are attracted to San Jose for its nationally, recognized high-ranking public schools, its numerous well kept parks, a large variety of recreational amenities, major tourist attractions, including downtown San Jose and numerous amenities.

SAN JOSE CA DATA
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