351 California
351 California Street, San Francisco, CA 94104
12 959 mètres carrés
Jones Lang LaSalle Americas, Inc. ("JLL"), as an exclusive advisor is pleased to present the opportunity to acquire 8000 & 8100 Jarvis Ave. (the "Property" or the "Properties"), a two building, 103,395 SF Life Sciences/R&D/Office facility located in Newark, California. Situated on 6.36 acres, the Property is currently 31.4% leased with a remaining weighted average lease term of 1.37 years. Current ownership has invested $14.7 million ($262 PSF) into the 8100 Building readying the entire building for a life science build-out. This comprehensive renovation includes HVAC work and roof upgrades, a complete spec life science build-out on the top floor, and common area improvements, positioning the property as an attractive option for life science and research tenants.
8000-8100 Jarvis presents investors with an opportunity to acquire a property that has received considerable base building and speculative market ready improvements, offering investors multiple business plans to stabilize the Property.