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Leased Multi-Tenant Industrial Value Added Opp.

13165 Monterey Hwy, Morgan Hill, CA 95037

$2,250,000

37,800 SF | Industrial

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Industrial Property For Sale

Price:
$2,250,000
Building Size:
37,800 SF
Price/SF:
$59.52
Property Type:
Industrial
Property Sub-type:
Warehouse
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
6.70%
Occupancy:
100%
Tenancy:
Multiple
Clear Ceiling Height:
0 ft.
Lot Size:
4.72 AC
APN / Parcel ID:
779-10-020-01
Listing ID
15684356
Last Updated
10 days ago

Find Out More...

Utilities

  • Fenced Yard

Attachments

Highlights

  • Monterey Hwy Near Hwy 101
  • Full Occupancy
  • Long Tenant History

Description

PRICE REDUCTION! This is a Large Industrial Project consisting of 13 Tenants and many Different Buildings and Yards. All of the Tenants are month to month but most have been at the property for a long time. Most of the Rents are below market and have the potential for increases. There are 2 Houses included in the property that are both leased. This is being offered as an investment but could be partially occupied by a Owner/ User.

Located On Monterey Hwy between Gilroy & Morgan Hill. Near Hwy 101 and Core De Valle Golf Course.

Financial Summary

Major Tenant Information

  • Actual
  • 2007
  • $248,400
  • $235,980
  • $60,800
  • $175,180

Map of 13165 Monterey Hwy, Morgan Hill, CA 95037 (Santa Clara County)

Research for 13165 Monterey Hwy, Morgan Hill, CA 95037 (Santa Clara County)

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  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by Renz & Renz – Investment & Commercial Brokerage
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Asking Price Index Trends for San Martin, CA Industrial For Sale

  Sep 14 vs. 3 mo.
prior
Y-O-Y
-
State
$118+1.0%+6.0%
-
Metro
$160+4.1%+5.5%
-
County
$167+3.6%+4.7%

View San Martin Market Trends for other property types for sale or lease. Learn more about the chart info.

Leased Multi-Tenant Industrial Value Added Opp.
  • Industrial
  • $2,250,000
  • 37,800 SF