Log In/Sign Up
Your email has been sent.
Bldg 1 110 Baytech Dr 57,976 SF 100% Leased Flex Building San Jose, CA 95134 $18,386,671 ($317.14/SF) 7% Cap Rate
Investment Highlights
- High-image, two-story office/R&D building equipped with 2,000 amps
- Recently executed an 8-year lease extension with 3% annual rent increases providing long-term cash flow and an excellent hedge against inflation
- Major capital improvements scheduled by the Tenant
- Fully leased to a fast-growing battery technology company, with its headquarters and production facility located directly across the street
- Net lease structure with minimal landlord responsibilities
- Ideal 1031 exchange opportunity offering stable cash flow from a well-capitalized, venture-backed technology company
Executive Summary
SVN | Capital West Partners is pleased to present the opportunity to acquire 110 Baytech Drive, a ±57,976 square foot, mission-critical office/R&D facility located in the highly desirable North San Jose submarket of Silicon Valley. The Property is 100% leased to Lyten, Inc. under a newly executed 8-year lease extension through September 2034, providing long-term income visibility with contractual 3% annual rent escalations and two 5-year renewal options at Fair Market Value. Strategically positioned directly across from the tenant’s headquarters and production facility, the asset serves as an integrated extension of Lyten’s operations and offers investors durable cash flow, embedded rental growth, and attractive basis relative to replacement cost in one of the nation’s premier innovation corridors.
Property Facts
Amenities
- Courtyard
- Signage
- Air Conditioning
Utilities
- Lighting
- Heating
Property Taxes
| Parcel Number | 015-30-107 | Improvements Assessment | $7,344,000 |
| Land Assessment | $12,546,000 | Total Assessment | $19,890,000 |
Property Taxes
Parcel Number
015-30-107
Land Assessment
$12,546,000
Improvements Assessment
$7,344,000
Total Assessment
$19,890,000
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Bldg 1 | 110 Baytech Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.