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3775-3783 Williams Rd 8,760 SF 100% Leased Retail Building San Jose, CA 95117 $4,525,000 ($516.55/SF) 5.25% Cap Rate



Investment Highlights
- Fully leased retail center occupied by three established neighborhood-serving tenants.
- Frontage along Williams Road with multiple points of site access.
- Convenient access to Interstate 280, State Route 17, and major regional corridors.
- Located in West San Jose within the heart of Silicon Valley.
- Surrounded by dense residential neighborhoods supporting daily consumer demand.
- Near-term rental upside potential through future lease rollover opportunities.
Executive Summary
3775-3783 Williams Road presents an opportunity to acquire a fully leased neighborhood retail center in West San Jose, one of Silicon Valley’s most established and supply-constrained commercial markets. The property consists of a three-tenant retail building situated on approximately 0.90 acres with frontage along Williams Road and direct access from two drive aisles. The tenant mix includes 7-Eleven, Cazadores Bottle Shop/TiTa’s Taqueria, and Williams Fabric, providing a combination of convenience-oriented and daily-needs retail uses that generate recurring customer traffic throughout the day.
Positioned within a dense residential trade area near the borders of San Jose, Santa Clara, and Campbell, the property benefits from a large surrounding consumer base and convenient access to Winchester Boulevard, San Tomas Expressway, State Route 17, and Interstate 280. The location provides connectivity to major employment centers throughout Silicon Valley while serving the immediate needs of nearby households. Regional destinations including Santana Row and Westfield Valley Fair further reinforce the area's established retail presence.
The asset offers stable in-place occupancy with three operating tenants and a parking field that supports neighborhood-serving retail activity. A notable investment consideration is the potential rental upside associated with the laundromat tenancy, creating an opportunity for future income growth through lease renewal or re-leasing activity. Combined with strong household incomes, substantial consumer spending levels, and limited neighborhood retail inventory in the surrounding area, the property offers investors an established retail asset with current cash flow and future revenue enhancement potential.
Positioned within a dense residential trade area near the borders of San Jose, Santa Clara, and Campbell, the property benefits from a large surrounding consumer base and convenient access to Winchester Boulevard, San Tomas Expressway, State Route 17, and Interstate 280. The location provides connectivity to major employment centers throughout Silicon Valley while serving the immediate needs of nearby households. Regional destinations including Santana Row and Westfield Valley Fair further reinforce the area's established retail presence.
The asset offers stable in-place occupancy with three operating tenants and a parking field that supports neighborhood-serving retail activity. A notable investment consideration is the potential rental upside associated with the laundromat tenancy, creating an opportunity for future income growth through lease renewal or re-leasing activity. Combined with strong household incomes, substantial consumer spending levels, and limited neighborhood retail inventory in the surrounding area, the property offers investors an established retail asset with current cash flow and future revenue enhancement potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,760 SF
Building Class
C
Year Built
1973
Price
$4,525,000
Price Per SF
$516.55
Cap Rate
5.25%
NOI
$237,553
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.92 AC
Zoning
CP - Commercial Pedestrian
Parking
52 Spaces (5.94 Spaces per 1,000 SF Leased)
Frontage
204’ on Williams Rd
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 299-32-075 | Improvements Assessment | $354,646 |
| Land Assessment | $157,622 | Total Assessment | $512,268 |
Property Taxes
Parcel Number
299-32-075
Land Assessment
$157,622
Improvements Assessment
$354,646
Total Assessment
$512,268
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