Rare 17,625 SF multi-tenant R&D leased investment for sale. The property is leased to two tenants, Mawi DNA Technologies is in 11,120 SF (63%) of the building on a brand new 5-year lease which will commence at the close of escrow and Kiverdi, Inc. is in 6,505 SF (37%) of the building, with one (1) three (3) year option remaining which commences in October of 2024 at fair market value. The property was built in 1985 and fully remodeled in 2010 with permits. The property has multiple labs with water, gasses, & air, 800 AMPS/480 Volts of power, 1 grade level door, and is fully sprinklered. The property is on a large 1.20 acre lot which has 51 parking spaces 2.89/1,000 SF. The property is located on Quarry Lane between Valley Avenue and Stanley Blvd, only 2.0 miles from Downtown Pleasanton. Extremely strong demographics with household incomes in excess of $170,000 in a 1-mile radius.
