415-445-5164
375 N Capitol Ave, San Jose, CA for Sale
Freestanding - FOR SALE
1/12
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375 N Capitol Ave
San Jose, CA 95133
East San Jose


HIGHLIGHTS

  • Silicon Valley Specialty Grocery Anchored Investment Opportunity
  • Safety & Security of National Credit Tenants with a Top-Line Grocer
  • Long-Term WALT with Limited Rollover
  • Strategically Located in One of San Jose’s Main Retail Corridors
  • Opportunity to Sell Pending Ground Lease Outparcel
  • New Buildings with Minimal Additional Capital Outlay Needed

OVERVIEW

Newmark Pacific, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 375 Capitol Square (the “Property”), a Sprouts Farmers Market grocery anchored community center located in Silicon Valley. Comprised of 100,888 square feet and currently 95% leased, the Property is a part of a larger 183,454 square foot community center accompanied by Grocery Outlet (NAP) and Dollar Tree (NAP). 375 Capitol Square is home to a diverse credit enhanced tenant mix including Sprouts Farmers Market, Burlington, Five Below, and Crunch Fitness. This strong tenant base, supported by new long-term leases and a recent property renovation, provides an investor with long-term predictable cash flow with minimal future capital outlay.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

310

LAND DETAILS

LAND ACRES

8.02 AC

LAND SF

349,351 SF

ZONING

CG

APN/PARCEL ID

254-40-013

ASK ABOUT THIS PROPERTY

Cheyne BlochNewmarkMore Info
415-445-5164

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Cheyne BlochNewmarkMore Info
415-445-5164

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