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WILLOW GLEN INVESTMENT, USER BLDG.RARE 2218-2230 Lincoln Ave Local commercial 513 m² 50 % Loué À vendre San Jose, CA 95125 2 929 444 € (5 712,37 €/m²)



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Résumé analytique
RARE ±5,520 SF 4 UNIT RETAIL STRIP CENTER FOR SALE IN WILLOW GLEN - OWNER USER/INVESTMENT OPPORTUNITY
- ±5,520 SF Freestanding Retail Strip Center with 4 Units on a ±14,810 SF Lot.
- Large Rear Private Parking Lot.
- 50% Leased: Taqueria Milagro a Mexican Restaurant is Currently Leasing 2 Adjacent Units; the Lease allows the Buyer to terminate the tenant’s lease with 6 months’ notice following close of escrow.”
- Owner User Opportunity: 100% of the Building Available for an Owner User to Occupy (50% is Currently Vacant and the other 50% can be made Available 6 months following the close of escrow).
- Value Add Opportunity: 6.82% CAP Rate using a proforma rent of $3.50 SF NNN.
- CP – Commercial Pedestrian Zoning Designation: Allows for Uses such as Retail, Gym, Restaurant, Personal Services, Animal Boarding & Grooming, Office, Medical Office, and many more.
HIGH BARRIER TO ENTRY LOCATION WILLOW GLEN
- Located One Parcel from the Corner of Lincoln & Curtner Ave.
- Average Household Income in Excess of $165,000 in a 1-Mile Radius.
- 1 Mile from Downtown Willow Glen.
- ±5,520 SF Freestanding Retail Strip Center with 4 Units on a ±14,810 SF Lot.
- Large Rear Private Parking Lot.
- 50% Leased: Taqueria Milagro a Mexican Restaurant is Currently Leasing 2 Adjacent Units; the Lease allows the Buyer to terminate the tenant’s lease with 6 months’ notice following close of escrow.”
- Owner User Opportunity: 100% of the Building Available for an Owner User to Occupy (50% is Currently Vacant and the other 50% can be made Available 6 months following the close of escrow).
- Value Add Opportunity: 6.82% CAP Rate using a proforma rent of $3.50 SF NNN.
- CP – Commercial Pedestrian Zoning Designation: Allows for Uses such as Retail, Gym, Restaurant, Personal Services, Animal Boarding & Grooming, Office, Medical Office, and many more.
HIGH BARRIER TO ENTRY LOCATION WILLOW GLEN
- Located One Parcel from the Corner of Lincoln & Curtner Ave.
- Average Household Income in Excess of $165,000 in a 1-Mile Radius.
- 1 Mile from Downtown Willow Glen.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
513 m²
Classe d’immeuble
C
Année de construction
1948
Prix
2 929 444 €
Prix par m²
5 712,37 €
Pourcentage loué
50 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,37
Surface du lot
0,14 ha
Zonage
CP - Commercial Pedestrian
Façade
37 m sur Lincoln Ave
Caractéristiques
- Intersection avec signalisation
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 439-17-151 | Évaluation des aménagements | 86 293 € |
| Évaluation du terrain | 69 347 € | Évaluation totale | 155 640 € |
Taxes foncières
Numéro de parcelle
439-17-151
Évaluation du terrain
69 347 €
Évaluation des aménagements
86 293 €
Évaluation totale
155 640 €
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WILLOW GLEN INVESTMENT, USER BLDG.RARE | 2218-2230 Lincoln Ave
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