4750 Almaden Expy - Storefront FOR SALE


San Jose, CA 95118
$12,988,000 USD
408-331-2308
4750 Almaden Expy, San Jose, CA for Sale
$12,988,000 USD
Storefront - FOR SALE
1/25
null | 5.6% Cap Rate

4750 Almaden Expy
San Jose, CA 95118


HIGHLIGHTS

  • Great Retail Location in Silicon Valley
  • Shadow Anchored by Safeway, McDonalds, Savers and Jo-Ann Fabrics
  • Adjacent Major Retail Project – Almaden Ranch
  • Fee Simple Title. Multi-Tenant NNN Leased Investment
  • Long Term, Well Established Tenants

OVERVIEW

Multi-Tenant Retail Center For Sale. Fee simple title, multi-tenant NNN leased investment. Absolute triple net multi-tenant (14) shopping center with annual 3-4% rent increases in all leases. (Tenants reimburse for taxes, insurance and common area fees, plus property management, PLUS 10% Admin fee, parking lot, roof and HVAC repairs & replacement). Long term, well established tenants – Burrito Factory 20+ yrs., Poki Bowl; UPS ; Laguna Dental 15+ years. No existing financing – buyer can structure new financing that best suits its needs. All internet resistant service-oriented tenants. Great retail location in Silicon Valley shadow anchored by Safeway, McDonalds, Savers and Jo-Ann Fabrics; adjacent major retail project – Almaden Ranch 350,000 Sq. Ft. anchored by Bass Pro Shops. Professionally managed property with no deferred maintenance.

FOR SALE DETAILS

PRICE

$12,988,000 USD

PRICE/SF

$810 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

CG

APN/PARCEL ID

458-17-015

ASK ABOUT THIS PROPERTY

Mark BiaginiBiagini Properties, Inc.More Info
408-331-2308

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Mark BiaginiBiagini Properties, Inc.More Info
408-331-2308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.