Address
755 Jarvis DR Morgan Hill, CA
Price
$ 53,000,000
Property Attributes
  • MLS#ML81717570
  • TypeCommercial
  • CountySANTA CLARA
  • CityMorgan Hill
  • AreaMorgan Hill - Gilroy - San Martin
  • Zip95037
  • Style
  • Price$ 53,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage258122
  • Lot Size14.7 Acres
Listing Provided Courtesy Of:
Daniel Gluhaich with Intero Real Estate Services.
Data Source:
MLSListings - 40 - CA
Property Description

Prime Investment Opportunity in Morgan Hill Ranch Business Park. The 4th largest business park in Silicon Valley. Industrial leases range from $.95-$1.83 per sqft. Shoe Palace Corporation is the key tenant. Shoe Palace is one of the most-trusted athletic footwear & apparel retail chains in the US. It began as a family owned business that has grown into an ever popular chain of stores and on-line retail site. Shoe Palace has strong business ethics that servicing the buyer is most-important.

Price History
8/3/2018 Listed $53,000,000

General Features

Accessibility Parking
Age 21
City MORGAN HILL
City Limits (y/n) Yes
Complex Name Text Shoe Palace Corp
Cooling Central AC
County Santa Clara
Heating Gas
Listing Agent State License 00963076
MLS Area Morgan Hill / Gilroy / San Martin
Present Use Commercial
Property SubType Commercial Property
Property Type Commercial/Industrial
Restrictions None
Roof Flat / Low Pitch
Security Features Security Alarm
Special Listing Conditions Not Applicable
Status Active
Utilities Garbage Collection
Water Public
Year Built 1997
Zoning Text M

Interior Features

Number Of Tenants 1

Exterior Features

Building Area Total 258122
Facilities Cafeteria, Conference Room, Front Sign, Office, Reception Room, Restroom(s), Restrooms-Private
Foundation Details Reinforced Concrete
Lot Acres 14.7000
Lot Size Area 640332.00
Lot Size Units Square Feet
Maximum Lot Size 640332.00
Meters Master Electric, Master Water
Parking Features Parking Area
Parking Spaces 388
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 95037

Price
AVG $27.63M
$53M
Visits
AVG 76
128
Year Built
AVG 1989
1997
Walkscore
AVG 49
23
Data Provided by Walkscore ® not using MLS data

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