Silicon Valley Single-Tenant Net Leased Investment
110 Baytech Drive
San Jose, CA 95134
Highlights
- Mission-critical Silicon Valley R&D facility featuring 2,000 amps of power, grade-level and dock-high loading
- 100% leased to Lyten, Inc., a venture-backed advanced materials company with its headquarters located directly across the street
- Newly executed 8-year lease extension through September 2034 with 3% annual rent escalations and two 5-year renewal options at Fair Market Value
- Net lease structure providing predictable cash flow and operational simplicity for investors
- Scheduled capital improvements, including significant HVAC upgrades, supporting long-term asset functionality
- Attractive long-term investment opportunity in the heart of Silicon Valley’s North San Jose innovation corridor
Description
SVN | Capital West Partners is pleased to present the opportunity to acquire 110 Baytech Drive, a ±57,976 square foot, mission-critical office/R&D facility located in the highly desirable North San Jose submarket of Silicon Valley. The Property is 100% leased to Lyten, Inc. under a newly executed 8-year lease extension through September 2034, providing long-term income visibility with contractual 3% annual rent escalations and two 5-year renewal options at Fair Market Value. Strategically positioned directly across from the tenant’s headquarters and production facility, the asset serves as an integrated extension of Lyten’s operations and offers investors durable cash flow, embedded rental growth, and attractive basis relative to replacement cost in one of the nation’s premier innovation corridors.
Located in San Jose, the "Capital of Silicon Valley," this office and R&D building sits at the heart of Silicon Valley’s dynamic technology ecosystem. The property is surrounded by leading tech companies such as Cisco, Samsung, Nvidia, Dell, Micron, Zscaler, and many more. The property's location offers convenient access to Highways 101, 880, and 237, ensuring seamless connectivity across the region. Nearby amenities, including Topgolf, @First Shopping Center, and McCarthy Ranch, provide a variety of dining, entertainment, and retail options.
