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5302-5320 Monterey Hwy
San Jose, CA 95111

$12,300,000 USD

Storefront For Sale • 27,611 SF

Property Details

Property Type Storefront
Total Building Size 27,611 SF
Lot Size 2.18 AC
Building Class C
Year Built 1990
Cap Rate 5.41 %
Tenancy Multiple
Zoning CN

38 Transit Score

44 Walk Score

                
                    Highlights
                
                                PRIME URBAN RETAIL LOCATION: Centrally located in San Jose, CA, with 27,611 SF of retail space across twelve units.
                            
                                MODERNIZED PROPERTY FEATURES: Built in 1980, the property has been modernized with renovations that include a re-coated roof, new gutters
                            
                                FULLY OCCUPIED WITH STABLE TENANTS: 11/12 units are occupied, including Mercado Market and a mix of food and service-oriented tenants
                            
                                INVESTOR-FRIENDLY LEASE STRUCTURE: NNN leases with recent rent increases, still at 80% of market rates, offer potential upside 
                            
                                HIGH-TRAFFIC, ACCESSIBLE LOCATION: Positioned on Monterey Highway, visible to all three lanes of traffic, with easy access to Highways 101 and 85
                            
                                SILICON VALLEY ADVANTAGE: Located in San Jose, a major hub in Northern California and home to several tech giants, providing a strong market

Cap Rate:

5.41 %

Amenities

Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Blossom Hill (Caltrain - Caltrain (Caltrain))	2 min	16 min	0.9 mi
Capitol (Caltrain - Caltrain (Caltrain))	5 min	-	2.9 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	19 min	-	11.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	110
Type:	Surface
Included in Rent:	Yes

Marko Buljan 650-867-4674 Matthews Real Estate Investment Services

5302-5320 Monterey Hwy San Jose, CA 95111