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$4,395,000
Est. payment /mo
9,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,680 sqft
Price per Sqft $454
MLS Listing ID ML82059661
HOA Y/N No
Year Built 2008
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Comm Ind For Sale
Property Description
Rare 100% occupied NNN retail/medical strip center offered at a 6.07% cap rate. Priced at $4,395,000, this 9,680 SF property features five (5) established tenants on triple-net leases, providing a landlord-favorable, low-management income stream. Tenants include a national fast-food franchise (Pizza Hut), a national wireless carrier (Metro by T-Mobile), a medical/wellness provider (Healing Grove), and two local service retailers, delivering a diverse, credit-quality tenant mix. All tenants are individually metered and responsible for their own utilities, taxes, insurance, and CAM reimbursements. Built in 2008, the property features a modern concrete slab construction, flat roof with rooftop package HVAC units per suite, and approximately 36 on-site parking spaces. Ideally located on W. Alma Avenue at Almaden Expressway in San Jose, offering excellent visibility and accessibility. Current NOI of $266,870. Please do not disturb tenants.
Location
State CA
County Santa Clara
Zoning CP
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
Sewer Public Sewer
New Construction No
Others
Tax ID 43422131
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Listed by Jake Anthony • MJA Equity Investments, Inc.
NEARBY SCHOOL & BUSINESS
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