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521 Charcot Ave - Club Auto Sport-SV Condominium Assoc Inc 5,005 SF Industrial Condo Unit Offered at $1,944,800 in San Jose, CA 95131
Investment Highlights
- Auto Zoned (with certain restrictions)
- Office, retail, auto, and light industrial uses
- Dynamic business center with a variety of non-auto related businesses located within the unique facility
- Safe and secure facility to store and enjoy your vintage and collectible cars (certain restrictions apply)
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.40% |
| Sale Type | Investment |
| Cap Rate | 6.40% |
Description
Polished concrete floors, office/reception area, 4 single pole lifts built in, HVAC and sprinkler system in place.
Sale Notes
Leased Investment Property
Strong Tenant, lease has been renewed for an additional 5 yr term, new LED 12/31/2030; annual base rent increases 4%.
Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.
Strong Tenant, lease has been renewed for an additional 5 yr term, new LED 12/31/2030; annual base rent increases 4%.
Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 211 | 5,005 SF | Industrial | $1,944,800 ($388.57/SF) | $124,467.20 |
Unit 211
| Unit Size |
| 5,005 SF |
| Condo Use |
| Industrial |
| Price |
| $1,944,800 ($388.57/SF) |
| NOI |
| $124,467.20 |
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Street
Map
Unit 211
| Unit Size | 5,005 SF |
| Condo Use | Industrial |
| Price | $1,944,800 ($388.57/SF) |
| NOI | $124,467.20 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Description | |
| Polished concrete floors, office/reception area, 4 single pole lifts built in, HVAC and sprinkler system in place.</li></ul> | |
| Sale Notes | |
| Leased Investment Property<br> Strong Tenant, lease has been renewed for an additional 5 yr term, new LED 12/31/2030; annual base rent increases 4%.<br> <br> Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fenced Lot
- Security System
- Signage
- Reception
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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521 Charcot Ave - Club Auto Sport-SV Condominium Assoc Inc
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