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

Shopping Center For Sale

Busy Retail Center-Moffett Plaza in Sunnyvale

250-270 E. Java Drive, Sunnyvale, CA 94089

Price:
$5,375,000
Gross Leasable Area:
18,122 SF
Price/SF:
$296.60
Property Type:
Shopping Center
Property Sub-type:
Neighborhood Center
Additional Sub-types:
Community Center
Strip Center
Specialty Center
Property Use Type:
Net Lease Investment with 5 years left on lease
Cap Rate:
7.60%
Tenancy:
Multiple
Lot Size:
1.97 AC
Find Out More...

Last Verified 11/5/2009 Listing ID 16302608

Description

Building Size: 18,122 Sq. Ft.
Lot Size: 1.97 Acre Corner Lot
121 Parking Spaces
Steady Income Stream with Plenty of Upside in Rents
Safe, Long Term Tenants
6 of 10 Tenants are Restaurants Doing Very Good Business

E. Java Drive in Sunnyvale
VTA Light Rail Station is steps away
Surrounded by Dozens of High Tech Companies, including Yahoo and Lockheed Martin

Financial Summary

Proforma
Scheduled Gross Income
$500,254
Operating Expenses
$90,610
Net Operating Income
$409,644

Map of 250-270 E. Java Drive, Sunnyvale, CA 94089 (Santa Clara County)

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Presented by

Meacham/Oppenheimer Inc.

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Listing Manager (408) 378-5900 Ext: 217

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Created 7/1/2009

Additional Information for 250 E Java Drive, Sunnyvale, CA 94089

Active For Sale - 1 Listing
Active For Lease - 1 Listing
Previously Listed - 5 Historic Listings
Sales Comparables Available - 1 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 250-270 E. Java Drive, Sunnyvale, CA 94089

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

Moffett Plaza Sunnyvale - Space for Lease
$2.25/SF/Month
1,500 - 4,500 SF

Nearby Recently Sold Shopping Center propertiesSearch all recently sold commercial real estate

Strip Center
Sold 1Q 2007

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.

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Shopping Center Property For Sale - Busy Retail Center-Moffett Plaza in Sunnyvale

250-270 E. Java Drive, Sunnyvale, CA, 94089