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Storefront For Sale • 27,611 SF
| Prime Urban Bay Area Retail Location: Exceptional Density and traffic: $168K HH Income Area / 38,500 VPD Traffic in front of the center |
| Committed Long Term Tenancy: 16 Year Average Leased to proven local businesses |
| High CAGR 3.82%: Annualized Rent Growth |
| Low Rents – Over 40% Below the Market: Rental rates average $27.40/SF vs average retail shops rental rate of $46.52/SF in 1 Mile |
| Highly Desirable Strip Spaces: Twelve small shop spaces, highly replaceable units |
| INVESTOR-FRIENDLY LEASE STRUCTURE: NNN leases with recent rent increases, still at 80% of market rates, offer potential upside |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Blossom Hill (Caltrain - Caltrain (Caltrain)) | 3 min | 16 min | 0.8 mi |
| Capitol (Caltrain - Caltrain (Caltrain)) | 6 min | - | 3.0 mi |
| Airport | Drive | Walk | Distance |
| Norman Y Mineta San Jose International | 20 min | - | 11.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 110 |
| Type: | Surface |
| Included in Rent: | Yes |
