405 Saratoga Ave 7,930 SF 100% Leased Retail Building San Jose, CA 95129 $8,800,000 ($1,109.71/SF) 5.47% Cap Rate

This offering presents a fully leased, Starbucks-anchored retail center located at the signalized intersection of Saratoga Avenue and Kiely Boulevard in San Jose, California. Constructed in 2014, the property consists of a 7,930 SF freestanding building on a 0.69-acre parcel, strategically positioned in one of Silicon Valley’s most established retail corridors. The center features six tenants across smaller, highly leasable suites, including Starbucks, AZ Dental, and popular dining concepts, ensuring consistent consumer traffic and income stability.
The property benefits from modern retail infrastructure, including separately metered suites, individual HVAC units, full kitchen buildouts, and significant tenant improvements, minimizing future capital requirements. On-site amenities include ample parking with 42 spaces, private outdoor dining areas, and prominent monument signage with dual street exposure.
Located in the heart of Silicon Valley, the asset offers immediate access to Interstate 280, Highway 87, and San Jose International Airport. The surrounding trade area includes over 556,000 residents within a five-mile radius and an average household income exceeding $175,000, supporting strong retail demand. This investment represents a rare opportunity to acquire a stabilized, infill retail asset with long-term growth fundamentals in a supply-constrained market.