Owner/User Opportunity/Ensurge Micropower 2581 Junction Ave 92,864 SF 100% Leased Flex Building San Jose, CA 95134 $33,000,000 ($355.36/SF)

The Kase Group is pleased to present a high-spec, mission-critical cleanroom and R&D facility located in San Jose, California — ideally suited for an owner-user
headquarters, advanced manufacturing operation, or high-tech tenant.
Spanning 92,864 square feet across two stories on a 5.385-acre site, the facility was originally built in 1983 and underwent over $5.5 million in capital improvements in
2016. Renovations included a new roof, modernized office and common areas, EV charging infrastructure, seismic upgrades, and refreshed exterior finishes. The building
includes 22,240 square feet of cleanroom space ranging from Class 1,000 to Class 10,000, and mission-critical infrastructure including a 645 kW generator, Building
Automation System (BAS), FM 200 fire suppression, biometric security, water chillers and boilers, and redundant PG&E power feeds.
Strategically located in North San Jose, the site is walkable to the Bonaventura VTA Light Rail Station, minutes from Milpitas BART, and just 8 minutes from San Jose
International Airport. It offers seamless access to I-880 and Highway 101, placing the property at the center of Silicon Valley’s most active tech corridor. Surrounding
employers include Apple, Google, Cisco, PayPal, Intel, Microsoft, Adobe, Nvidia, Western Digital, Samsung Semiconductor, Hewlett Packard Enterprise, Cadence Design
Systems, Align Technology, and more. Nearby amenities include Rivermark Village, Santa Clara Square, and @First Retail Center, while the surrounding area continues to
see residential growth with over 13,400 new units delivered or underway within a 4-mile radius.
The property benefits from strong 5-mile demographics, with approximately 654,900 residents and a median household income of $126,149. Nearly 30% of households
earn over $200,000 annually, highlighting the area’s affluence and skilled labor base.
The current lease runs through October 2028, with no renewal options in place. This creates a compelling opportunity for a buyer to reposition the asset for future
occupancy — whether for their own use or to secure a new high-credit tenant. The lease includes a $1.6 million letter of credit and a $5 million guarantee from DNB Bank
ASA.