3111 Payne Ave | San Jose, CA 95117
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This Retail Property is no longer advertised on LoopNet.com.
3111 Payne Ave
San Jose, CA 95117
7-Eleven · Retail Property For Sale

Investment Highlights
- New 12-Year Corporate Net Lease to 7-Eleven with with Scheduled Rental Escalations - Tenant Extended Term Early
- Strong Intrinsic Value in Infill Bay Area Market Where Demand for Real Estate Far Exceeds Supply
- San Jose is Largest City in Northern California & Among Wealthiest Cities in the World
- Investment Grade, Pandemic Resistant Tenant Rated AA- by S&P and Baa1 by Moody’s
- Average Household Income of $164,551 within 5 Mile Radius
- Approximately 7 Miles from Downtown San Jose and 50 Miles from San Francisco
Property Facts
Property Type
Retail
Property Subtype
- Convenience Store
- General Retail Freestanding
- General Retail Storefront
Building Size
2,620 SF
Building Class
B
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.29 AC
Zoning
CP
Parking
10 Spaces (3.82 Spaces per 1,000 SF Leased)
Frontage
85’ on PAYNE AVE
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 299-01-012 | Improvements Assessment | $1,082,432 |
| Land Assessment | $2,056,620 | Total Assessment | $3,139,052 |
Property Taxes
Parcel Number
299-01-012
Land Assessment
$2,056,620
Improvements Assessment
$1,082,432
Total Assessment
$3,139,052
Listing ID: 21900534
Date on Market: 1/5/2021
Last Updated:
Address: 3111 Payne Ave, San Jose, CA 95117
The Castlemont Retail Property at 3111 Payne Ave, San Jose, CA 95117 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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