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 SF
Lot Size
± 172,236 SF (± 3.95 acres)
Year Built
1984
Power
400 A, 277/480 V, 3 Ø, 1200 A Single Ø, (Buyer to verify)
Zoning
Light Industrial (LI)
Use
Light Industrial
Freeway Access
Minutes to freeways 101, 280, 680, 880
Bart Station
± 2 miles to Berryessa / North San Jose BART
Bus Stop
Walking distance to major bus stops and public transportation nodes
Loading
One grade level rollup door
Parking
Abundant onsite parking, unreserved
Metering
Individually metered for electric
APN
254-74-001
Ceiling Height
Warehouse (± 28 FT), Office (± 9 FT)
Fire Sprinklers
100% fire sprinklered throughout offices & warehouse
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.
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