420 Oakmead Pkwy, Sunnyvale, CA

Industrial for Sale - $10,000,000 - 31,068 Sq. Ft. on 0.92 acres


Agent Info

Daniel Bragg
Coachella Commercial

Property Info

CIMLS#1167866
Location
  420 Oakmead Pkwy
  Sunnyvale CA 94085
UpdatedNovember 2nd, 2024
TypeIndustrial
Price$10,000,000
Building31,068 Sq. Ft.
Land0.92 acres

Attached Documents


Property Description

Industrial R/D building located in the HEART of Silicon Valley ! 1.5 miles away from Nividia, Apple, Applied Materials, and Intuit Strategic. 1 mile away from Levi Stadium, home of the San Francisco 49ers. The San Jose airport is only 6 miles from the property. And just a 20 minute car ride to Stanford University or 45 minutes to San Francisco....The building is also being offered $4.8 million UNDER appraised value....The seller is offering this generous concession to procure a very SPECIFIC buyer. The seller will only entertain offers as part of a sale lease back. The sales lease back would have the following terms- 1) Seller to lease back the property for 3 years, with 2 , 1 year renewable options 2) Lease rate to be $1.50 psf NNN 3) Seller will have the option to repurchase the building anytime during the lease period at the current appraised value, at that point in time....If this type of sale fits your investment portfolio or strategy, please reach out TODAY, before some other fortunate buyer puts the property under contract.


Financials



Similar Listings