$4,395,000
FOR SALEActive226 W Alma Avenue
San Jose CA 95110
9,680
SF
Commercial
Type
2008
Built
$454/SF
Cost/SF
Listing Agent
Michael J Anthony
DRE #: 00819426
Brokerage: MJA Equity Investments, Inc.
Location Analysis
About This Property
Rare 100% occupied NNN retail/medical strip center offered at a 6.07% cap rate. Priced at $4,395,000, 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. Please do not disturb tenants.
Property Information
Property Overview
Commercial
Property Type
Active
Status
CP
Zoning
0.65 acres
Lot Size
9,680 SF
Square Footage
$454.03/SF
Price per SF
$37,178
Annual Tax
2,008
Year Built
1
Stories
36
Parking Total
3.72
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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