415 Mathilda Ave Hero

415 Mathilda Ave

1970’s concrete tilt-up racquetball facility


  • Net Zero Retrofit
  • Leased at Class A rates
  • $232,000 additional annual NOI from 10% higher rent + lower OPEX
  • $3.6 million increased asset value from higher NOI
  • $800,000 additional year 1 income from faster lease up
  • Location
    Sunnyvale, CA
  • Developer
    SHARP Development
  • General Contractor
    Hillhouse Construction
  • Project Specs
    33,750 sq. ft.