2285 Tully Rd Immeuble | 4 008 m² | Spécialité | À vendre 9 554 600 € | Taux de capitalisation 6,63 % | San Jose, CA 95122

Zavala's Mini Storage is strategically located in the heart of East San Jose, a dynamic and rapidly growing area known for its diverse community and bustling business activity. Positioned along a high-traffic corridor, the property benefits from excellent visibility and accessibility, drawing in both local residents and visitors. The surrounding area features a mix of retail centers, restaurants, offices, and residential neighborhoods, creating a vibrant environment ideal for various business types. With close proximity to major highways, public transportation options, and key landmarks such as Eastridge Mall and Lake Cunningham Park, the property ensures convenience for customers and employees alike.
Stable, existing asset with a proven track record of sustained, high occupancy. Upside can be achieved by raising rents over time and adding a tenant protection plan (tenant insurance) to the self-storage units. Property will benefit from the closure of Reid-Hillview airport in 2031 - a 180 acre redevelopment which will add housing to the
immediate area. Average unit size exceeds 108 NRSF - these larger units appeal to most renters. Rents are substantially below market competitors. Access is currently 9am-5pm, Tuesday through Sunday. Implementation of a controlled access gate would allow access for extended hours.