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883 Borregas Ave
Sunnyvale, CA 94085
Retail Property For Sale

Investment Highlights

  • All tenants paying rent even during Covid
  • Occupancy: 100%
  • Potentail for Future Re-develoment to mixed used (Buyer t o verify from the city)
  • Expense Service: Triple Net
  • Year Built: 2008
  • All Service type tenants - E-commerce resistant tenant profile

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,973 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.39 AC
Zoning
C1P - Neighborhood Business
Parking
28 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
150’ on Ahwanee Ave

Amenities

  • 24 Hour Access
  • Corner Lot
  • Freeway Visibility
  • Signage

About 883 BORREGAS AVE , SUNNYVALE, CA 94085

883 Borregas Avenue is a newer building that was constructed in 2008. The single story structure is 5,040 square feet and the site is 16,988 square feet, with a building to land coverage ratio of 29.7%. The building has a reinforced concrete slab foundation, wood frame walls covered with stucco, and flat wood truss roof system covered with tar and gravel. The front of the building has an anodized storefront system with tempered glazing and entry doors. Each suite also has a metal door accessing the rear service yard of the property, which is fenced from neighboring properties. Currently, there are three suites; however, due to the design of the building, five suites would be possible which provides maximum versatility. Interior improvements include HVAC, ADA Restrooms, and drop ceilings with recessed flourescent lighting. The building has 1,200 amp/ 3 phase power and is served with fire sprinklers.. Additionally, the laundromat is heavily built out with underground plumbing, over-sized gas line, and a dedicated water meter. The building is attractive and has been extremely well maintained over its ownership duration. The property is ideally located on the northwest corner of Borregas and Ahwanee Avenues which provides ease of access and parking with 27 on-site spaces. There is one curb cut on Borregas Avenue and one on Ahwanee Avenue. The parking lot and landscaping are in excellent condition with the parking lot recently being slurry coated and striped in the past few months. Additionally, the parking lot is lighted with energy efficient standards and there are two dedicated Handicap spaces.

Property Taxes

Property Taxes

Parcel Number
204-03-044
Land Assessment
$1,900,000
Improvements Assessment
$1,200,000
Total Assessment
$3,100,000
  • Listing ID: 18806082

  • Date on Market: 3/9/2020

  • Last Updated:

  • Address: 883 Borregas Ave, Sunnyvale, CA 94085

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