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Fifty50 at Hopyard 5050 Hopyard Rd 135,021 SF Office Building Pleasanton, CA 94588 $19,500,000 ($144.42/SF)
Investment Highlights
- Class A multi-tenant suburban office building located in the heart of Pleasanton’s business center at Hopyard Road and Gibraltar Drive.
- Steel frame construction provides flexibility for repositioning or adaptive reuse opportunities.
- Positioned just 0.6 miles from the Dublin/Pleasanton BART station, offering a 12-minute walk to transit and nearby dining options.
- Currently occupied by two tenants, including a long-term lease renewal for Suite 100; additional upside with re-leasing opportunities.
Executive Summary
Marcus & Millichap is pleased to market for sale or lease 5050 Hopyard Road, a Class-A, multi-tenant suburban office building in the Heart of Pleasanton’s business center at the intersection of Hopyard and Gibraltar Drive. The building sits .6-miles from the Dublin/Pleasanton BART station– a 12 minute walk with many food amenities nearby. There is tremendous upside with the flexible nature of the floor plates to re-lease the vacancy with one or multiple tenants.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
135,021 SF
Building Class
A
Year Built
1997
Price
$19,500,000
Price Per SF
$144.42
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
33,755 SF
Slab To Slab
12’
Building FAR
0.55
Lot Size
5.63 AC
Zoning
PUD-ICO, Pleasanton - Public Unit Development/Office
Parking
429 Spaces (3.2 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Metro/Subway
- Property Manager on Site
- Signage
- Skylights
- Natural Light
- Air Conditioning
- Balcony
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 941-1301-061-02 | Improvements Assessment | $16,000,000 |
| Land Assessment | $10,000,000 | Total Assessment | $26,000,000 |
Property Taxes
Parcel Number
941-1301-061-02
Land Assessment
$10,000,000
Improvements Assessment
$16,000,000
Total Assessment
$26,000,000
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Fifty50 at Hopyard | 5050 Hopyard Rd
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