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16260 Church St 16,832 SF 100% Leased Industrial Building Morgan Hill, CA 95037 $5,150,000 ($305.96/SF) 4.92% Cap Rate

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Investment Highlights

  • Rare owner/user investment opportunity to secure an attractive and well-maintained 16,832-square-foot multi-tenant industrial facility.
  • Leased under market rates, a tenant is moving out in Spring 2026, providing the opportunity for immediate occupancy and potential rent upside.
  • 16260 Church Street is currently configured for three units and has the potential to be converted back into four units as designed.
  • Achieve property features such as heavy 1,600-amp, 480/277-volt, 3-phase power, expansive HVAC systems, and ample parking with 37 surface spaces.
  • Conveniently located just four minutes from Highway 101, providing swift routes south to San Jose in 15 miles to access a population totaling 1.03 M.

Executive Summary

Discover a truly unique industrial opportunity at 16260 Church Street in Morgan Hill, California. This quality multi-tenant industrial facility is positioned for strategic use and income for decades to come. The property was originally designed to operate as four separate units, but is currently three self-sustaining units.

With Sempera Organics' lease expiring in May 2026, owner/users can occupy approximately half of the building. Investors can also see significant upside in lease-up opportunities at significantly higher rents than currently realized. The cap rate listed is based on the relet on the upcoming vacancy.

Morgan Hill is a vibrant city in Santa Clara County located in South Silicon Valley, just 10 miles south of San Jose. Morgan Hill's ideal location offers residents and visitors a vibrant downtown, year-round outdoor recreational activities, including cycling, golfing, swimming, and boating.

16260 Church Street presents a rare opportunity for both investors and owner/users to secure a versatile, income-generating industrial asset in a desirable South Silicon Valley location, combining flexible occupancy options, future growth potential, and the benefits of Morgan Hill’s dynamic community and amenities.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,150,000
Price Per SF $305.96
Sale Type Investment or Owner User
Cap Rate 4.92%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 1.03 AC
Rentable Building Area 16,832 SF
No. Stories 1
Year Built 2001
Parking Ratio 2.2/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 4
Zoning ML - Industrial

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • CustomLux Interiors LLC
  • Manufacturing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
  • Agriculture, Forestry, Fishing and Hunting
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Sempera Organics is a privately held company specializing in the cultivation and processing of organic mushrooms for use in nutraceutical, food, and beverage applications. Founded in 2020, the company operates a vertically integrated lab farm in Morgan Hill, California, where it produces standardized mushroom powders, extracts, and proprietary blends. Its operations emphasize sustainability and zero-waste practices, with a focus on delivering consistent quality and rapid fulfillment to global brands. Sempera Organics offers bulk ingredients for a range of applications, including capsules, gummies, and ready-to-mix beverages, and provides custom formulation and private-label services. The company adheres to cGMP standards and employs rigorous testing protocols to ensure product purity and potency. By combining advanced cultivation techniques with scalable production, Sempera Organics positions itself as a reliable partner for companies seeking high-quality functional mushroom ingredients.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
CustomLux Interiors LLC Manufacturing 99,999 SF - Lorem Ipsum -
Agriculture, Forestry, Fishing and Hunting 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
San Jose
1,030,119
19
0 h 28 m
San Francisco
883,305
71
1 h 26 m
Fresno
530,093
127
2 h 40 m
Los Angeles
3,990,456
322
6 h 5 m
San Diego
1,425,976
432
8 h 15 m
Las Vegas
644,644
510
9 h 39 m
Access and Labor Force
10 Miles
Total Population
127,873
Total Labor Force
63,331
Unemployment Rate
3.73%
Median Household Income
$128,207
Warehouse Employees
9,685
High School Education Or Higher
87.30%

Property Taxes

Property Taxes

Parcel Number
817-05-058
Land Assessment
$516,246 (2025)
Improvements Assessment
$2,173,774 (2025)
Total Assessment
$2,690,020 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39193708

  • Date on Market: 1/23/2026

  • Last Updated:

  • Address: 16260 Church St, Morgan Hill, CA 95037

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