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Core Silicon Valley Strip Center 2223 Business Cir 5,800 SF 100% Leased Retail Building San Jose, CA 95128 $8,947,445 CAD ($1,542.66 CAD/SF) 4.21% Cap Rate
Investment Highlights
- Heavy foot and average daily traffic counts throughout the day. Highly sought after hard corner location with superior visiblity.
Executive Summary
Here is your opportunity to purchase a 6 year old, ±5,800 Square Foot, Three (3) tenant, neighborhood retail strip center strategically located on the hard corner of Stevens Creek Blvd & Bascom Avenue.
In the heart of Silicon Valley, the subject property positioned in the established & densely populated community of West San Jose, CA; Excellent visibility & access from both Stevens Creek Blvd & Bascom Ave, which is the main North/South arterial connecting the densely populated N. San Jose, Santa Clara, Willow Glen & Campbell residential communities of Santa Clara County
Offering Memorandum is available upon request.
In the heart of Silicon Valley, the subject property positioned in the established & densely populated community of West San Jose, CA; Excellent visibility & access from both Stevens Creek Blvd & Bascom Ave, which is the main North/South arterial connecting the densely populated N. San Jose, Santa Clara, Willow Glen & Campbell residential communities of Santa Clara County
Offering Memorandum is available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,800 SF
Building Class
B
Year Built
2018
Price
$8,947,445 CAD
Price Per SF
$1,542.66 CAD
Cap Rate
4.21%
NOI
$377,033 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.42 AC
Zoning
UVC - Urban Village Commercial
Frontage
111’ on S Bascom
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 277-04-064 | Improvements Assessment | $3,722,921 CAD |
| Land Assessment | $4,963,897 CAD | Total Assessment | $8,686,817 CAD |
Property Taxes
Parcel Number
277-04-064
Land Assessment
$4,963,897 CAD
Improvements Assessment
$3,722,921 CAD
Total Assessment
$8,686,817 CAD
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Core Silicon Valley Strip Center | 2223 Business Cir
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