600 Townsend West
600 Townsend St, San Francisco, CA, 94103-4945, US
19,329 m²
Description
Jones Lang LaSalle Americas, Inc., as an exclusive advisor is pleased to present the opportunity to acquire 500-600 Clipper Drive, Belmont, CA, 94002, a three-story, Class A, 158,596 square foot mission critical research and development facility located on the Mid-Peninsula. Situated on an 8.2 acre site, the Property is 100% leased to Volkswagen (S&P: BBB+) through December 2035.
600 Clipper serves as Volkswagen's Innovation and Engineering Center, strategically positioned to leverage Silicon Valley's innovation ecosystem and heavily improved to optimize operations.
600 Clipper represents a rare opportunity to acquire a mission critical research and development facility that is long-term leased and heavily improved by an investment grade tenant.
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Attributes
Building area net
14,734 m²
Occupancy
100%
WALT
10.2 years
Year built
1995
Clear height
5.18 m
Grade level doors
6
Parking spaces
471
Media
Investment Highlights
- OPPORTUNITY TO ACQUIRE VOLKSWAGEN'S SOLE MISSION CRITICAL RESEARCH AND DEVELOPMENT FACILITY IN THE U.S
- 10+ YEARS OF VOLKSWAGEN (S&P: BBB+) NNN LEASE TERM WITH 3.0% ANNUAL ESCALATIONS
- HEAVILY IMPROVED INFRASTRUCTURE, FEATURING GROUND FLOOR AUTOMOTIVE LABS AND 3,000 AMPS OF POWER
- CENTRAL MID-PENINSULA LOCATION AMONGST R&D, TECH, & LIFE SCIENCES USER BASE
- PROMINENT BELMONT ADDRESS WITH IDEAL ACCESS THROUGHOUT THE PENINSULA AND GREATER BAY AREA
Contact brokers
600 Clipper - Volkswagen (0 Properties)
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Last updated
22 Jul 2025
