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Marc Winterhoff Of Lucid Motors Leases 92,500 SF Industrial Space At 250 Stockton Avenue San Jose
LEASED
California
See Similar DealsIndustrial92,500 SF
Leased 10/09/2025
LEASED
Marc Winterhoff Of Lucid Motors Leases 92,500 SF Industrial Space At 250 Stockton Avenue San Jose
250 Stockton Avenue
See Similar DealsIndustrial92,500 SF
Leased 10/09/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:92,500 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial facility located at 250 Stockton Avenue in San Jose. The facility spans a total of 92,500 square feet, situated in a growing market for industrial properties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 250 Stockton Avenue
- Market: San Jose
- Tenant: Marc Winterhoff - Lucid Motors
The deal is marked by Lucid Group's establishment of a studio and service center at the specified address, representing its first venture in the area to provide vehicle servicing. The grand opening event is planned to feature executive appearances and demo drives, signaling the company's strategic expansion within the Bay Area as electric vehicle sales continue to surge.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,302,044.18
Total Lease Value
$53,020,441.82
Net Landlord Cash Flow$5,302,044.18
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