NNN Leased Retail Strip Center 2955 Senter Rd 5,414 SF Retail Building San Jose, CA 95111 $3,490,000 ($644.63/SF) 5.60% Cap Rate

RARE SAN JOSE RETAIL INVESTMENT OPPORTUNITY
• ±5,414 SF multi-tenant retail center on a ±17,500 SF parcel.
• Rare opportunity to acquire a newer construction retail center built in 2004.
• Configured as eight (8) small shop suites averaging approximately ±677 SF.
STABLE NNN INCOME + UPSIDE POTENTIAL
• Property is currently approximately 84% leased with one ±861 SF suite available for lease at $3.50/SF NNN. If the suite remains vacant at the close of escrow, seller will guarantee rent at $3.50/SF NNN for 6 months.
• All existing leases are NNN leases.
• Base rental income of approximately $16,293/month including the seller’s rent guarantee.
• Offered at an approximate 5.60% cap rate.
STRONG SMALL SHOP DEMAND
• Small suites benefit from strong local leasing demand.
• Tenant mix consists primarily of Vietnamese-oriented retail and food businesses.
• Located two parcels from Caribbee’s Center & Lee’s Supermarket.
PARKING + ACCESS
• Property features twenty-four (24) dedicated parking spaces.
• Large parcel provides excellent customer circulation and access.
• Strong visibility along heavily trafficked Senter Rd corridor.
• Convenient access to US-101 and major San Jose thoroughfares.