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Property Facts
| Total Building Size | 122,125 SF | Typical Floor Size | 30,531 SF |
| Property Type | Office (Condo) | Year Built | 2007 |
| Property Subtype | Medical | Lot Size | 9.51 AC |
| Building Class | B | Parking Ratio | 4/1,000 SF |
| Floors | 4 | ||
| Zoning | Medical Office - Medical Office | ||
| Total Building Size | 122,125 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 30,531 SF |
| Year Built | 2007 |
| Lot Size | 9.51 AC |
| Parking Ratio | 4/1,000 SF |
| Zoning | Medical Office - Medical Office |
Amenities
- Wheelchair Accessible
- Smoke Detector
- On-Site Security Staff
1 Unit Available
Unit 280
| Unit Size | 1,356 SF | Sale Type | Investment or Owner User |
| Condo Use | Office/Medical | APN/Parcel ID | 481-80-016 |
| Unit Size | 1,356 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 481-80-016 |
Description
- Leased Medical Office Condo Investment
- One of the few Audiology clinics in the region offering: Audiology Evaluations and Hearing Aids based on insurance contracts and medical community referrals, Hearing Aid Programming, Fitting and
Customization, and Ongoing Care, Maintenance and Cleanings
- Excellent in-place income and 5% ANNUAL increases
- 11 Years Remaining on NNN lease: 5 years in primary term + 6-year option
- Tenant responsible for ALL expenses and maintenance (other than HOA responsibilities, which the tenant also pays the fees for)
- 7% current cap rate, 11.40% cap rate in the final year of the option
- Excellent location for Medical Office
- Next to Regional Medical Center
- Surrounded by other medical offices
Easy Access to 680, 101, and downtown San Jose
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
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200 Jose Figueres Ave
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