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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Caractéristiques de l'actif

Surface de l'actif Net

14 734 m²

Occupation

100 %

WALT

10.2 années

Année de construction

1995

Hauteur libre

5,18 m

Portes au niveau du sol

Places de parking

471

Média

Points clés d'investissement

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