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420-422 E Santa Clara St 2,430 SF 100% Leased Retail Building San Jose, CA 95113 $950,000 ($390.95/SF) 6% Cap Rate
Executive Summary
Downtown Retail with great foot and car traffic. Current tenants are month to month. Conveniently located near San Jose State University East Campus 1 block behind location. Also located in the middle of Highways 101, 280, and 87 and mass public transportation such as VTA (Valley Transit Authority) bus lines right in front and Caltrain nearby. Close proximity to San Jose International Airport.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,430 SF
Building Class
C
Year Built/Renovated
1920/2015
Price
$950,000
Price Per SF
$390.95
Cap Rate
6%
NOI
$57,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
CG
Frontage
Amenities
- Signage
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 467-25-003 | Improvements Assessment | $465,168 |
| Land Assessment | $271,068 | Total Assessment | $736,236 |
Property Taxes
Parcel Number
467-25-003
Land Assessment
$271,068
Improvements Assessment
$465,168
Total Assessment
$736,236
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Presented by
IREB Commercial
420-422 E Santa Clara St
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