Milpitas Office Park

 

  • 100% Occupied – 4 Tenant Office Industrial Building
  • Annual Rent Increases of All Four Leases
  • All Tenants Pay 4% Management Fee
  • Ample Parking (2.5 to 1000 Ratio)
  • Property is Equipped with 80% Drop Ceilings, Plug-N-Play with Phone System, Kitchen in Space, Lab Conference & Storage Space, One Dock and Grade Level Door
  • Excellent Access to I-680 (164,000+ VPD) and I-880 (177,000+ VPD)
  • Located Within Close Proximity to Retail and Restaurant Corridors
  • Signalized Intersection with Excellent Front Street Exposure with Strong Traffic Counts – N. Milpitas Blvd. & E. Calaveras Blvd. 84,000+ VPD
  • Milpitas Ranks First in the United States with the Largest Percent of Residents Employed in the Computer and Electronics Industry
  • Daytime Population of Milpitas Increases by 20% due to Large Work Population. Milpitas is Home to Adaptec, Linear Technology, Cisco Systems, Phoenix Technologies, Among Others
  • 1 Mile from the Great Mall – Home Depot, Dave & Busters, Outback, Olive Garden and BevMo!

DaVita

 

  • True Triple Net Leases with Minimal Landlord Responsibilities
  • Value-Add Opportunity Via Lease-Up of Available 4,068 SF Space
  • 58% Leased by DaVita (Total Renal Care, Inc.) – Guaranteed by Renal Treatment Centers-California, Inc.
  • DaVita Healthcare – 7 Years Remaining with 2% Annual Bumps and Two (2) x Five (5) Year Renewal Options
  • DaVita Has Been at This Location Since 2004
  • Arthur Evangelista (Evangelista Law Office – Immigration Attorney) – 8 Years Remaining with 3% Annual Bumps and One (1) x Five (5) Year Renewal Option
  • Adjacent to the US Citizenship and Immigration Services Field Office
  • Immediate Access to I-10 with Over 200,000 VPD and the I-215 with Over 196,000 VPD
  • Strong Demographics with a Population of Over 270,00 Within a 5-Mile Radius
  • Customer Friendly with Ample Parking
  • Located with in the Tri City Corporate Center with Excellent Proximity to Restaurants, Hotels, and Shopping