Log In/Sign Up
Your email has been sent.
6.17% CAP INDUSTRIAL INVESTMENT 1250 Norman Ave 10,080 SF 71% Leased Industrial Building Santa Clara, CA 95054 $3,950,000 ($391.87/SF) 6.17% Cap Rate
Investment Highlights
- Rare 100% Leased 10,080 SF Multi-Tenant Industrial NNN Leased Investment Opportunity
- 100% Leased to a Mix of Automotive & Industrial Uses
- Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease
- Seven (1,440 SF) Units with their Own Roll Up Doors
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101
- Mix of Auto & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company, & Machine Shop
Executive Summary
- Rare 100% Leased 10,080 SF Multi-Tenant Industrial NNN Leased Investment Opportunity.
- 10,080 SF Multi-Tenant Industrial Building on a 0.49 Acre Lot.
- Seven (1,440 SF) Units with their Own Roll Up Doors.
- 100% Leased to a Mix of Automotive & Industrial Uses.
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101.
- New Roof in 2025
- Rare Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease, Under 3% Vacancy Rate in the Last 10 Years for Auto Repair.
- Mix of Automotive & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company and a Machine Shop.
- Scarce Amount of Industrial/Auto Repair Product in Santa Clara County For Lease.
- 10,080 SF Multi-Tenant Industrial Building on a 0.49 Acre Lot.
- Seven (1,440 SF) Units with their Own Roll Up Doors.
- 100% Leased to a Mix of Automotive & Industrial Uses.
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101.
- New Roof in 2025
- Rare Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease, Under 3% Vacancy Rate in the Last 10 Years for Auto Repair.
- Mix of Automotive & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company and a Machine Shop.
- Scarce Amount of Industrial/Auto Repair Product in Santa Clara County For Lease.
Property Facts Under Contract
| Price | $3,950,000 | Lot Size | 0.49 AC |
| Price Per SF | $391.87 | Rentable Building Area | 10,080 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.17% | Year Built | 1969 |
| Property Type | Industrial | Parking Ratio | 2.78/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 13’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Zoning | I - Industrial development | ||
| Price | $3,950,000 |
| Price Per SF | $391.87 |
| Sale Type | Investment NNN |
| Cap Rate | 6.17% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 10,080 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 2.78/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | I - Industrial development |
Amenities
- Storage Space
Utilities
- Gas - Natural
- Water
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
-1,440 SF. -Rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office. -Private bathroom. -100 Amps of power.
-Unit 1262 available for lease. -1,440 SF and rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office -Private bathroom
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1252 | 1,440 SF | Industrial | Partial Build-Out | Now |
| 1st Fl - 1262 | 1,440 SF | Industrial | Partial Build-Out | Now |
1st Fl - 1252
| Size |
| 1,440 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - 1262
| Size |
| 1,440 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - 1252
| Size | 1,440 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
-1,440 SF. -Rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office. -Private bathroom. -100 Amps of power.
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - 1262
| Size | 1,440 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
-Unit 1262 available for lease. -1,440 SF and rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office -Private bathroom
1 1
Property Taxes
| Parcel Number | 104-14-096 | Improvements Assessment | $655,452 |
| Land Assessment | $2,236,860 | Total Assessment | $2,892,312 |
Property Taxes
Parcel Number
104-14-096
Land Assessment
$2,236,860
Improvements Assessment
$655,452
Total Assessment
$2,892,312
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6.17% CAP INDUSTRIAL INVESTMENT | 1250 Norman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.