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1182-1190 Lincoln Ave 7,264 SF 100% Leased Retail Building San Jose, CA 95125 $6,105,969 CAD ($840.58 CAD/SF) 4.95% Cap Rate



Investment Highlights
- Fully leased ±8,050 SF building with retail and office tenants providing diverse revenue streams.
- Strong visibility and signage opportunities along a high-traffic avenue.
- New roof recently installed in 2026, reducing near-term maintenance costs.
- Prime location on Lincoln Avenue within Willow Glen’s active downtown retail corridor.
- Surrounded by established dining and retail brands such as Starbucks, Peet’s, and Willow Street Pizza.
- Located in an affluent area with limited competing inventory, supporting strong long-term demand.
Executive Summary
Cushman & Wakefield is pleased to present the rare opportunity to acquire “The Plaza”, a charming mixed-use office/retail property located in the heart of Willow Glen at 1182-1190 Lincoln Avenue, San Jose, California. Prominently situated on the highly trafficked Lincoln Avenue downtown corridor, the ±8,050 square foot building and large ±0.43 acre lot benefit from exceptional visibility, ample on-site and street parking, strong pedestrian activity, and proximity to nationally recognized retailers, restaurants, and neighborhood-serving amenities. The property features a complementary mix of ground-floor restaurant, retail and personal services tenants, and upper-level office users, providing diversified income streams and operational flexibility. Tenants are attracted to and benefit from direct street exposure and signage and the surrounding vibrant, amenity-rich downtown environment. The desirable Willow Glen area is characterized by affluent demographics, limited competing inventory or new supply, strong submarket fundamentals and sustained demand for boutique office and street-front retail space. The property is conveniently accessible to/from Downtown San Jose, Highway 87, and major Silicon Valley companies.
The asset offers the ability to acquire a core Willow Glen asset with long-term appreciation potential, supported by stable in-place income with meaningful upside through market rent increases and/or repositioning, appealing to owner-users, value-add investors and/or covered land play developers. Don’t miss this compelling opportunity to secure a pride of ownership foothold in San Jose’s most resilient and sought-after downtown corridors
The asset offers the ability to acquire a core Willow Glen asset with long-term appreciation potential, supported by stable in-place income with meaningful upside through market rent increases and/or repositioning, appealing to owner-users, value-add investors and/or covered land play developers. Don’t miss this compelling opportunity to secure a pride of ownership foothold in San Jose’s most resilient and sought-after downtown corridors
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,264 SF
Building Class
C
Year Built
1953
Price
$6,105,969 CAD
Price Per SF
$840.58 CAD
Cap Rate
4.95%
NOI
$302,251 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.43 AC
Zoning
CP - Commercial Pedestrian
2040: GP - Neighborhood Community Commercial
Parking
24 Spaces (3.3 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 429-06-064 | Improvements Assessment | $64,335 CAD |
| Land Assessment | $2,509,269 CAD | Total Assessment | $2,573,604 CAD |
Property Taxes
Parcel Number
429-06-064
Land Assessment
$2,509,269 CAD
Improvements Assessment
$64,335 CAD
Total Assessment
$2,573,604 CAD
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1182-1190 Lincoln Ave
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