326 Martin Ave - Service FOR SALE


Santa Clara, CA 95050
$4,800,000 USD
408-615-3413
326 Martin Ave, Santa Clara, CA for Sale
$4,800,000 USD
Service - FOR SALE
1/11
null | Request Cap Rate

326 Martin Ave
Santa Clara, CA 95050


HIGHLIGHTS

  • 800 Amps @ 120/240V 3 Phase
  • Single-Story, Freestanding
  • Multi-Tenant | 3 Units
  • 4 | Building Drive-Through Access

OVERVIEW

Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 326 Martin Avenue, Santa Clara, CA 95050 (“the Property”), a single-story freestanding multitenant industrial building totaling ±13,880 square feet on a ±0.69 acre parcel. The Seller can offer financing as part of the sale so please inquire for additional details. The property is centrally located in the Silicon Valley and close to the major Highways 880, 101, & 280. The Property consists of three separate units, two leased currently on a short-term basis and largest unit occupied by the Seller which will be vacated on a mutually agreeable date after close of escrow. The Property offers the utmost flexibility for a full building user, or investment potential for a partial user. All leases are month-to-month offering maximum flexibility to a buyer. In addition, the site has an electrical capacity of 800 amps at 120/240V 3 Phase, has a total of 4 grade level doors with the capability to drive through the building, and 34 parking stalls split between two lots on each end of the building. Interior heights range to 10’-13’ drop ceiling in the VCT lab and manufacturing areas, and up to 13’-15.5’ in the open ceiling warehouse sections. The site has over 30 parking stalls, EV charging in-place, and great corner identity on Martin & Reed. 326 Martin Avenue truly offers a rare set of building attributes that prove difficult to find in the local market, all packaged into a transportation-oriented location near the San Jose Mineta International Airport. With a 5.0% vacancy rate in the local industrial market that’s projected to remain historically low in 2025, this is an excellent opportunity for an investor or user to secure a rare site in the Silicon Valley.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,144

ZONING

LI

APN/PARCEL ID

230-47-079

ASK ABOUT THIS PROPERTY

Kent HillhouseCushman & WakefieldMore Info
408-615-3413

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Kent HillhouseCushman & WakefieldMore Info
408-615-3413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.