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1266-1290 Franklin St
Santa Clara, CA 95050

$3,875,000 USD

Storefront Retail Office For Sale • 8,320 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 8,114 SF
Lot Size 0.2 AC
Building Class C
Year Built 1966
Cap Rate 5.69 %
Tenancy Multiple
Zoning CD, Santa Clara

51 Transit Score

90 Walk Score

                
                    Highlights
                
                                100% Occupied Retail Center with Service Oriented Tenant Mix – Pizza, Tattoo, Barber and Cleaners Offer Stable and Diversified Income Stream 
                            
                                Franklin Mall Located in High Population Density Market – Over 622,000 Residents Within 5 Miles of Subject Property 
                            
                                Passive Management Structure – City of Santa Clara Maintains All Landscaping, Sidewalks and Common Areas within the Development
                            
                                Located Within Blocks of Santa Clara University – 8,600 Students Enrolled  
                            
                                Recent Capital Improvements to Building Include New Roof and New HVAC Units
                            
                                Franklin Cleaners Recently Executed 5 Year Extension - Adjusted to NNN Lease Structure Allowing Tax/Insurance Recapture

Property Flyers

Franklin Mall - Santa Clara Retail Center OM

Cap Rate:

5.69 %

Amenities

Bus Line
Corner Lot
Courtyard
Metro/Subway
Signage
Signalized Intersection
Tenant Controlled HVAC
Waterfront
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Santa Clara (Altamont Corridor Express - Altamont Commuter Express (ACE), Caltrain - Altamont Commuter Express (ACE))	2 min	15 min	0.8 mi
College Park (Caltrain - Caltrain (Caltrain))	6 min	-	2.4 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	4 min	-	1.7 mi
San Francisco International	44 min	-	34.3 mi
Metro Oakland International	47 min	-	37.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes

Hank Wolfer 206-826-5730 Marcus & Millichap

1266-1290 Franklin St Santa Clara, CA 95050