LEASED INVESTMENT/FUTURE REDEVELOPMENT
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LEASED INVESTMENT/FUTURE REDEVELOPMENT
2 Retail Properties Offered at £5,082,677 in San Jose, CA
Executive Summary
• ±32,675 SF of total land across 2 parcels
• Strong location across from Valley Fair Mall
• Highly sought after corner in San Jose
• NNN retail building
• NNN automotive building
• Below market rents at $2.40 Average
• Urban Village Commercial Zoning District
• Short term leases with 5-year options
• 6% CAP rate when fully leased
• Strong location across from Valley Fair Mall
• Highly sought after corner in San Jose
• NNN retail building
• NNN automotive building
• Below market rents at $2.40 Average
• Urban Village Commercial Zoning District
• Short term leases with 5-year options
• 6% CAP rate when fully leased
Property Facts
Price | £5,082,677 | Number of Properties | 2 |
Price / SF | £562.80 / SF | Individually For Sale | 0 |
Net Initial Yield | 6% | Total Building Size | 9,031 SF |
Sale Type | Investment | Total Land Area | 0.75 AC |
Status | Active |
Price | £5,082,677 |
Price / SF | £562.80 / SF |
Net Initial Yield | 6% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 9,031 SF |
Total Land Area | 0.75 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
319-325 Monroe St, San Jose, CA 95128 | Retail | 7,315 SF | 1957 | - |
2812 Stevens Creek Blvd, San Jose, CA 95128 | Retail | 1,716 SF | 1951 | - |
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LEASED INVESTMENT/FUTURE REDEVELOPMENT
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