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5956-5964 W Las Positas Blvd 94,073 SF Office Building Pleasanton, CA 94588 For Sale
INVESTMENT HIGHLIGHTS
- Rare Large Site - Two-building office project totaling ±94,073 SF, situated on ±6.22 acres
- Corporate setting along West Las Positas Blvd with quick connectivity to I 580/I 680 and the Dublin/Pleasanton BART
- To be delivered vacant on terms agreeable with buyer, enabling creative repositioning or redevelopment strategies
- Combination of high-quality office space and conditioned, insulated warehouse space with paved and secured yard area
- Access to the Tri Valley’s skilled workforce and nearby innovation ecosystem (including national labs and tech/life science clusters)
- Tri-Valley ranks among the Bay Area’s most dynamic suburban office and innovation markets
EXECUTIVE SUMMARY
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest 5956 and 5964 West Las Positas Blvd. (the “Property” or “Site”), a ±94,073-square-foot 2-building office/flex project on ±6.22 acres in Pleasanton, California.
Currently owned and 100% occupied by Simpson Manufacturing Co., Inc. (“Simpson”), the Site is adjacent to a planned 19 building/112 unit townhome development at 5776-5994 West Las Positas Blvd. and is two parcels removed from Summerhill Homes’ Andares Development consisting of 94 attached homes. At closing, Simpson will relocate on terms mutually agreeable with the buyer.
Ideally located within and on the edge of the Hacienda Business Park, the Property is surrounded by some of the world’s most recognizable corporations like Workday, 10x Genomics, Stanford Healthcare Tri-Valley, and Roche. It is just 1.2 miles from the Pleasanton BART Station and has convenient access HWY 680 & HWY 580 along with restaurants and retail amenities.
Currently owned and 100% occupied by Simpson Manufacturing Co., Inc. (“Simpson”), the Site is adjacent to a planned 19 building/112 unit townhome development at 5776-5994 West Las Positas Blvd. and is two parcels removed from Summerhill Homes’ Andares Development consisting of 94 attached homes. At closing, Simpson will relocate on terms mutually agreeable with the buyer.
Ideally located within and on the edge of the Hacienda Business Park, the Property is surrounded by some of the world’s most recognizable corporations like Workday, 10x Genomics, Stanford Healthcare Tri-Valley, and Roche. It is just 1.2 miles from the Pleasanton BART Station and has convenient access HWY 680 & HWY 580 along with restaurants and retail amenities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
94,073 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
47,037 SF
Building FAR
0.35
Lot Size
6.22 AC
Zoning
PUD-I/C-O - General Plan Land Use: Mixed Use / Business Park - (Allows a blend of business park, office, R&D, light industrial, retail, hotel, and
residential)
Parking
327 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bio-Tech/ Lab Space
- Signage
- Reception
- Outdoor Seating
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 941-2760-011-00 | Improvements Assessment | $10,038,364 CAD |
| Land Assessment | $7,694,596 CAD | Total Assessment | $31,747,357 CAD |
PROPERTY TAXES
Parcel Number
941-2760-011-00
Land Assessment
$7,694,596 CAD
Improvements Assessment
$10,038,364 CAD
Total Assessment
$31,747,357 CAD
CONTACTS
-
Rich Hoyt -
Charles Wiser -
Mike Zylstra -
Forrest Gherlone -
Max Gunari -
Steven Golubchik -
Darren Hollak -
Newmark
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5956-5964 W Las Positas Blvd
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