LEASED INVESTMENT/FUTURE REDEVELOPMENT 2 Retail Properties Offered at $6,420,000 in San Jose, CA
EXECUTIVE SUMMARY
• ±32,675 SF of total land across 2 parcels
• Strong location across from Valley Fair Mall
• Highly sought after corner in San Jose
• NNN retail building
• NNN automotive building
• Below market rents at $2.50 Average
• Urban Village Commercial Zoning District
• Short term leases with 5-year options
• 5.95% CAP rate when fully leased
• Strong location across from Valley Fair Mall
• Highly sought after corner in San Jose
• NNN retail building
• NNN automotive building
• Below market rents at $2.50 Average
• Urban Village Commercial Zoning District
• Short term leases with 5-year options
• 5.95% CAP rate when fully leased
PROPERTY FACTS
| Price | $6,420,000 |
| Price / SF | $710.88 / SF |
| Cap Rate | 5.95% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,031 SF |
| Total Land Area | 0.75 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2812 Stevens Creek Blvd, San Jose, CA 95128 | Retail | 1,716 SF | 1951 | - |
| 319-325 Monroe St, San Jose, CA 95128 | Retail | 7,315 SF | 1957 | - |
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