Rare 100% occupied NNN retail/medical strip center offered at a 5.80% cap rate. Priced at $4,600,000, 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. Do not disturb tenants. All tours by appointment only.
| MLS # | ML82059661 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 11 |
| Listing Provided By | MJA Equity Investments, Inc. | Jake Anthony |
| SQ Feet | 9,680 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | CP |
| Acreage | 0.65 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition, Flat |
|---|
| Property | 37178 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95110 |
| Area | 699 Not Defined |
| Listing VS Median (in 95110) | |
Price: $4,600,000 low | high Med: $1,425,000 sqft: 9,680 low | high Med: 1,672 $ / sqft: $475 low | high Med: $852 On site: 11 low | high Med: 60 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95110 |
| Area | 699 Not Defined |
| Listing VS Median (in 95110) | |
Price: $4,600,000 low | high Med: $1,425,000 sqft: 9,680 low | high Med: 1,672 $ / sqft: $475 low | high Med: $852 On site: 11 low | high Med: 60 | |