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2400-2410 Monterey Hwy
San Jose, CA 95111

$4,500,000 USD

Restaurant For Sale  •  5,000 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,000 SF
  • Lot Size 0.62 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 4.65 %
  • Tenancy Multiple
  • Zoning CN
0 Transit Score
62 Walk Score

Highlights

Lessees include: Monterey Breeze bar & restaurant, Monterey Auto Service, taco truck spot and billboard.
Newly paved parking lot.
Seller Financing Available. Contact broker for more details.
Tenants pay utilities. Landlord pays only property insurance and property tax.
Corner lot, located at the corner of Old Tully and Monterey Hwy.
Traffic Count: 35,000+ ADT along this section of Monterey Hwy.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $209,099 USD (2023)
Cap Rate: 4.65 %
Total Expenses: $71,941 USD

Public Transportation

Commuter RailDriveWalkDistance
Capitol (Caltrain - Caltrain (Caltrain)) 2 min - 1.5 mi
Tamien (Caltrain - Caltrain (Caltrain)) 5 min - 2.2 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 13 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Joshua Ballesteros 415-480-0214 NAI Northern California
Joshua Ballesteros 415-480-0214 NAI Northern California