Log In/Sign Up
Your email has been sent.
NNN Leased Retail Strip Center 2955 Senter Rd 5,414 SF Retail Building San Jose, CA 95111 For Sale
Executive Summary
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 88% leased with only one ±625 SF vacancy which seller will guarantee rent at $4.00 SF for 6 months.
• All leases are NNN leases.
• Current base rental income of approximately $14,800/month and $17,306/month including the sellers rent guarantee.
• Offered at an approximate 5.95% 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.
• ±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 88% leased with only one ±625 SF vacancy which seller will guarantee rent at $4.00 SF for 6 months.
• All leases are NNN leases.
• Current base rental income of approximately $14,800/month and $17,306/month including the sellers rent guarantee.
• Offered at an approximate 5.95% 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,414 SF
Building Class
B
Year Built
2004
NOI
$207,672
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.40 AC
Zoning
CN - Commercial Neighborhood
Parking
24 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
97’ on Senter Rd
Amenities
- Food Court
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 497-27-016 | Improvements Assessment | $1,618,855 |
| Land Assessment | $782,093 | Total Assessment | $2,400,948 |
Property Taxes
Parcel Number
497-27-016
Land Assessment
$782,093
Improvements Assessment
$1,618,855
Total Assessment
$2,400,948
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
NNN Leased Retail Strip Center | 2955 Senter Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.