1616 Davinci Court

Description

Offered for sale is a pride of ownership owner/user office/flex building in desirable Davis, CA. Take advantage of many substantial infrastructure improvements completed recently including a new roof, parking lot repairs, ADA upgrades, and some HVAC replacements. The property offers both an owner occupant or an investor a value add proposition. An owner occupant can utilize all or a portion of the existing vacant space to suit it's needs. An investor can re-demise the interior of the building to supply the market with small to mid-size light industrial/ warehouse/flex spaces currently in very high demand. The property is located on the corner of Research Park Drive and Da Vinci Court in Davis, CA - immediately adjacent to I-80, Downtown Davis, and the UC Davis campus. The building measures approximately 26,212 square feet and is currently demised into two tenant spaces; 1616 Da Vinci Court, which measures 6,386 sf and is currently leased to UC Davis until November 30, 2024 at a modified gross lease rate of $13,615.59 per month. 1632 Da Vinci Court measures 19,826 sf and will be delivered vacant to the new owner. The building is zoned PD 6-76 (light industrial/flex) and is currently configured as 100% conditioned office space.