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Core Silicon Valley Strip Center 2223 Business Cir 5,800 SF 100% Leased Retail Building San Jose, CA 95128 $6,500,000 ($1,120.69/SF) 4.21% Cap Rate
Investment Highlights
- Heavy foot and average daily traffic counts throughout the day. Highly sought after hard corner location with superior visiblity.
Executive Summary
Here is your opportunity to purchase a 6 year old, ±5,800 Square Foot, Three (3) tenant, neighborhood retail strip center strategically located on the hard corner of Stevens Creek Blvd & Bascom Avenue.
In the heart of Silicon Valley, the subject property positioned in the established & densely populated community of West San Jose, CA; Excellent visibility & access from both Stevens Creek Blvd & Bascom Ave, which is the main North/South arterial connecting the densely populated N. San Jose, Santa Clara, Willow Glen & Campbell residential communities of Santa Clara County
Offering Memorandum is available upon request.
In the heart of Silicon Valley, the subject property positioned in the established & densely populated community of West San Jose, CA; Excellent visibility & access from both Stevens Creek Blvd & Bascom Ave, which is the main North/South arterial connecting the densely populated N. San Jose, Santa Clara, Willow Glen & Campbell residential communities of Santa Clara County
Offering Memorandum is available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
B
Year Built
2018
Price
$6,500,000
Price Per SF
$1,120.69
Cap Rate
4.21%
NOI
$273,901
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.42 AC
Zoning
UVC - Urban Village Commercial
Frontage
111’ on S Bascom
Walk Score®
Very Walkable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 277-04-064 | Improvements Assessment | $2,677,243 |
| Land Assessment | $3,569,659 | Total Assessment | $6,246,902 |
Property Taxes
Parcel Number
277-04-064
Land Assessment
$3,569,659
Improvements Assessment
$2,677,243
Total Assessment
$6,246,902
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Core Silicon Valley Strip Center | 2223 Business Cir
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