PARAGON FOR SALE MULTI-TENANT OFFICE/R&D BUILDING IN NORTH SAN JOSE SOUTH O TOOLE AVENUE PARAGON DRIVE SAN JOSE, CALIFORNIA NORTH

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1 2350 SAN JOSE, CALIFORNIA NORTH SOUTH O TOOLE AVENUE DRIVE FOR SALE MULTI-TENANT OFFICE/R&D BUILDING IN NORTH SAN JOSE

2 2350 EXECUTIVE SUMMARY CBRE is pleased to present the opportunity to acquire a prominent 2.78 acre corner parcel in the Golden Triangle of North San Jose which offers excellent access to all major expressways and freeways. Surrounded by top companies- the who s who of the Valley, this ±24,480 SF facility offers the developer/owner/user ultimate flexibility. SAN JOSE, CALIFORNIA The property consisits of one single story office/r&d building of approximately 24,480 square feet. The building boasts of strong infrastructure with multiple cores, store fronts, and good power. The project has a few occupants paying minimal rent which are all terminable with no more than 60 days of advance notice. The site has extremely low coverage (approx 20%) which provides for abundant parking (over 5/1000) and a park-like view from the interior of the building. Additionally, this low coverage may allow a future owner to expand the footprint/ square footage of the building

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4 HIGHLIGHTS ADDRESS 2350 DRIVE SAN JOSE, CA BUILDING SIZE ±24,480 sq. ft. DIVISIBLE 2 Restroom cores on either side of a bisecting corridor PARKING 120+ parking spaces (5.0/1000 parking ratio) SINGLE STORY OFFICE BUILDING LAND ACREAGE ±2.78 Acres LOW COVERAGE 20% FAR POWER /480 3 phase PARKLIKE SPACE View from interior

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6 PROPERTY SUMMARY ADDRESS 2350 Paragon Drive, San Jose CA TYPE Office / R&D APN HEIGHT 13 BUILDING SIZE ±24,480 sq. ft. LAND AREA 2.78 acres YEAR BUILT 1974 LOADING 2 GL Doors # STORIES 1 # TENANTS 4 (all terminable with 30 days notice) PARKING 5.0/1,000 CONSTRUCTION WALLS Concrete ROOF Wood Frame- Built Up HVAC 4 Boxcar + 2 Small Package Units ELECTRICAL /480 USE & DEVELOPMENT CURRENT ZONING Light Industrial (I) CURRENT FAR 20% GENERAL PLAN Light Industrial (IP) MAX FAR

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8 PARCEL MAP

9 SITE PLAN N Disclaimer: Plan measurements are approximate and are for illustrative purposes only. We make no guarantee, warranty or representation as to the accuracy and completeness of the plans. You or your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction as to the suitability of the property for your space requirements

10 2350 SAN JOSE, CALIFORNIA PROPERTY VISITATION AND COMMUNICATION CBRE invites you to learn more about 2350 Paragon by reviewing this Brochure and meeting with any of the individuals on the Listing Team. Please address all communications, inquiries and requests to the CBRE Listing Team, as representatives of the Seller. OFFER SUBMISSION Please direct offers to the CBRE Listing Team at the addresses on the inside cover. We request that purchase and lease offers be submitted in the form of a non-binding Letter of Intent, identifying the significant terms and conditions of the Bidder s offer including, but not limited to, the following sale points: 1) asset pricing, 2) earnest money deposits, 3) due diligence and closing time frames, and 4) a description of the debt and equity structure. The Seller is desirous of negotiating with a qualified buyer that can offer the most beneficial combination of price and terms to the Seller. The Seller retains the right to modify the process at any time

11 2350 SAN JOSE, CALIFORNIA LISTING TEAM CONTACTS CHARLES STROUSS Senior Vice President Investment Properties Capital Markets Lic NICK WHITSTONE First Vice President Investment Properties Capital Markets Lic CBRE, INC. 225 West Santa Clara Street, Floor 12 San Jose, CA CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/ or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. TL 5/5/