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Browse More Listings in Shopping Center For Sale, San Jose, CA or California

Shopping Center For Sale

North San Jose Strip Commercial

1699 N Capitol Avenue, San Jose, CA 95132

Price:
$3,906,087
Gross Leasable Area:
8,252 SF
Price/SF:
$473.35
Property Type:
Shopping Center
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with 5 years left on lease
Commission Split:
2.5%
Cap Rate:
5.75%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1999
Lot Size:
29,621 SF
Find Out More...

Last Verified 11/10/2009 Listing ID 16007235

Description

10 Years old building in excellent condition...Solid and stable tenants with NNN leases anchored by a National Brand Tenant...Ample parking for all businesses... Located in the busy & affluent neighborhood of the San Jose Berryessa district.

Situated on main Avenue and busy part of North San Jose/Milpitas. Great building exposure, next to Save Mart, Carls Jr, Popeyes Chicken and Shell gas station. Easy access to Interstate 680/280 and adjacent to VTA ligth rail stations. The property is sorrounded by middle-class neighborhoods, and the yearly average temperature in the area is 71 degrees.

Financial Summary

Major Tenant Information

Actual
Year
2008
Net Operating Income
$224,592

Map of 1699 N Capitol Avenue, San Jose, CA 95132 (Santa Clara County)

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Presented by

CRISTINA Martinez Company

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CRISTINA MARTINEZ (408) 519-1012

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Created 11/27/2008

Additional Information for 1699 N Capitol Avenue, San Jose, CA 95132

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1699 N Capitol Avenue, San Jose, CA 95132

Nearby Shopping Center properties for leaseSearch all commercial real estate for lease

1605-1659 N. Capitol Ave
Negotiable
900 SF

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Tenant		Lease Expired
Hollywood Video - NNN Lease
Cristina Martinez Company - NNN Lease
Pinnacle Property Management - NNN Lease
First Bay Financial

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Shopping Center Property For Sale - North San Jose Strip Commercial

1699 N Capitol Avenue, San Jose, CA, 95132