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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

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

Peet's Coffee
Philz Coffee
Starbucks
Chase Bank
Bank of America
barre3
Orangetheory Fitness
Stretchlab
Flagstar Bank N.A.
Us Bank-willow Glen Office

Property Taxes

Property Taxes

Parcel Number
429-06-064
Land Assessment
$2,509,269 CAD
Improvements Assessment
$64,335 CAD
Total Assessment
$2,573,604 CAD
  • Listing ID: 40392339

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1182-1190 Lincoln Ave, San Jose, CA 95125

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