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Cupertino Center 10129-10191 S De Anza Blvd 20,707 SF 100% Leased Retail Building Cupertino, CA 95014 $19,740,762 CAD ($953.34 CAD/SF) 4.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • STRONG REAL ESTATE FUNDAMENTALS AND INTRINSIC VALUE
  • Core Cupertino location with excellent demographics
  • City of Cupertino has a vibrant retail market and is home to a dynamic mix of both national and regional tenants
  • BELOW MARKET RENT - A new buyer has the opportunity to re-tenant and increase rents as current tenants leases expire
  • Rare opportunity to acquire an established retail center that covers an entire city bock
  • Value add/redevelopment opportunity on 1.15 acres with a covered residential land play

EXECUTIVE SUMMARY

Call For Offer: Wednesday, February 28th, 2024 - TROPHY MULTI-TENANT RETAIL STRIP CENTER
Value add/redevelopment opportunity on 1.15 acres with a covered residential land play and seasoned tenant mix that has served the local community for many years. Rare opportunity to acquire an established retail center that covers an entire city bock in one of the most highly trafficked commercial thoroughfares in Silicon Valley.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,707 SF
Building Class
C
Year Built
1952
Price
$19,740,762 CAD
Price Per SF
$953.34 CAD
Cap Rate
4.75%
NOI
$937,687 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.15 AC
Zoning
C1H
Parking
35 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
297’ on De Anza Blvd

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Philz Coffee
Club Pilates
Chase Bank
Bank of America
Comerica
California Bank & Trust
The Habit Burger Grill
Liny Li - U.S. Bancorp Investments
Wells Fargo Home Mortgage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
359-10-015
Land Assessment
$345,314 CAD
Improvements Assessment
$795,255 CAD
Total Assessment
$1,140,569 CAD
  • Listing ID: 29991991

  • Date on Market: 2023-11-07

  • Last Updated:

  • Address: 10129-10191 S De Anza Blvd, Cupertino, CA 95014

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