600 Clipper - Volkswagen — Sale in Belmont, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Belmont, CA 94002
  • Year built: 1995

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.

Market Context

This commercial property in Belmont, CA is listed for sale. The building dates to 1995. It has been on the market for 82 days. Compare it against other commercial property listings for sale in Belmont, CA — view the full market.

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