Description
580 Menlo Drive is a 15,362 SF office & warehouse flex building in the Stanford Business Park in Rocklin. Building is currently comprised of three separate office suites and small warehouse (plan attached). Two of the suites (7,800 SF and 4,200 SF) are both traditional office space with private offices, conference rooms, and open workspace. The smallest (3,400 SF) is an updated conferencing center with medium conference room (~30 people) and large board room (~60 people). There are 6 existing roll-up doors accessible off the back of the building. Entire building will be vacant for owner-user by August 2024. Until then, a single tenant is leasing the entire building and paying $24,000 per month plus utilities/cleaning; income gives buyer flexibility to plan the move or improvements, or wait for existing lease to expire. Building is in great shape with new membrane roof installed in 2020 and most HVAC units replaced in last few years. A great opportunity to own instead of lease!
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0BEDS
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0.46ACRES
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0BATHS
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01/2 BATHS
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15,362SQFT
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$199$/SQFT
School Ratings & Info
Description
580 Menlo Drive is a 15,362 SF office & warehouse flex building in the Stanford Business Park in Rocklin. Building is currently comprised of three separate office suites and small warehouse (plan attached). Two of the suites (7,800 SF and 4,200 SF) are both traditional office space with private offices, conference rooms, and open workspace. The smallest (3,400 SF) is an updated conferencing center with medium conference room (~30 people) and large board room (~60 people). There are 6 existing roll-up doors accessible off the back of the building. Entire building will be vacant for owner-user by August 2024. Until then, a single tenant is leasing the entire building and paying $24,000 per month plus utilities/cleaning; income gives buyer flexibility to plan the move or improvements, or wait for existing lease to expire. Building is in great shape with new membrane roof installed in 2020 and most HVAC units replaced in last few years. A great opportunity to own instead of lease!
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