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6.17% CAP INDUSTRIAL INVESTMENT 1250 Norman Ave 10,080 SF 86% Leased Industrial Building Santa Clara, CA 95054 $5,446,773 CAD ($540.35 CAD/SF) 6.17% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare 100% Leased 10,080 SF Multi-Tenant Industrial NNN Leased Investment Opportunity
- 100% Leased to a Mix of Automotive & Industrial Uses
- Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease
- Seven (1,440 SF) Units with their Own Roll Up Doors
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101
- Mix of Auto & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company, & Machine Shop
EXECUTIVE SUMMARY
- Rare 100% Leased 10,080 SF Multi-Tenant Industrial NNN Leased Investment Opportunity.
- 10,080 SF Multi-Tenant Industrial Building on a 0.49 Acre Lot.
- Seven (1,440 SF) Units with their Own Roll Up Doors.
- 100% Leased to a Mix of Automotive & Industrial Uses.
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101.
- New Roof in 2025
- Rare Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease, Under 3% Vacancy Rate in the Last 10 Years for Auto Repair.
- Mix of Automotive & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company and a Machine Shop.
- Scarce Amount of Industrial/Auto Repair Product in Santa Clara County For Lease.
- 10,080 SF Multi-Tenant Industrial Building on a 0.49 Acre Lot.
- Seven (1,440 SF) Units with their Own Roll Up Doors.
- 100% Leased to a Mix of Automotive & Industrial Uses.
- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101.
- New Roof in 2025
- Rare Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease, Under 3% Vacancy Rate in the Last 10 Years for Auto Repair.
- Mix of Automotive & Industrial Tenants Such as Auto Glass Repair Shop, Mobile Window Tinting Shop, Auto Repair Shop, Moving Trucking Company and a Machine Shop.
- Scarce Amount of Industrial/Auto Repair Product in Santa Clara County For Lease.
PROPERTY FACTS Under Contract
| Price | $5,446,773 CAD | Lot Size | 0.49 AC |
| Price Per SF | $540.35 CAD | Rentable Building Area | 10,080 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.17% | Year Built | 1969 |
| Property Type | Industrial | Parking Ratio | 2.78/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 13’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Zoning | I - Industrial development | ||
| Price | $5,446,773 CAD |
| Price Per SF | $540.35 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.17% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 10,080 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 2.78/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | I - Industrial development |
AMENITIES
- Storage Space
UTILITIES
- Gas - Natural
- Water
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
-1,440 SF. -Rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office. -Private bathroom. -100 Amps of power.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1252 | 1,440 SF | Industrial | Partial Build-Out | Now |
1st Fl - 1252
| Size |
| 1,440 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl - 1252
| Size | 1,440 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
-1,440 SF. -Rent is $2.50 PSF plus NNN charges. -Roll up door. -Private office. -Private bathroom. -100 Amps of power.
1 1
PROPERTY TAXES
| Parcel Number | 104-14-096 | Improvements Assessment | $906,746 CAD |
| Land Assessment | $3,094,450 CAD | Total Assessment | $4,001,195 CAD |
PROPERTY TAXES
Parcel Number
104-14-096
Land Assessment
$3,094,450 CAD
Improvements Assessment
$906,746 CAD
Total Assessment
$4,001,195 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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6.17% CAP INDUSTRIAL INVESTMENT | 1250 Norman Ave
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