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Sale 2 Retails - 3109 & 3111 Alum Rock 3111 Alum Rock Ave 3,736 SF 60% Leased Retail Building San Jose, CA 95127 $1,803,620 CAD ($482.77 CAD/SF) 4.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Visibility
- Billboard Income
- Accessibility - 0.9mile from I-680
- High Traffic Exposure
- Flexible Use - Owner User
- Public Parking
EXECUTIVE SUMMARY
Excellent owner-user or investment opportunity in a high-visibility corridor along Alum Rock Ave. Two retail storefronts (3109 and 3111) with additional income from billboards. Recent New Roof (Nov 2024). CP zoning allows a variety of commercial uses. Surrounded by strong co-tenancy, including Starbucks, Pho Garlic, Retails- Salon, Nails, Paint Shop, Insurance, etc.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
3,736 SF
Building Class
C
Year Built
1939
Price
$1,803,620 CAD
Price Per SF
$482.77 CAD
Cap Rate
4.43%
NOI
$79,900 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.13 AC
Zoning
CP - Commercial Pedestrian (CP)
Parking
100 Spaces (26.77 Spaces per 1,000 SF Leased)
Frontage
57’ on Alum Rock Ave
AMENITIES
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 601-10-080 | Total Assessment | $1,616,954 CAD |
| Land Assessment | $1,122,270 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $494,684 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
601-10-080
Land Assessment
$1,122,270 CAD
Improvements Assessment
$494,684 CAD
Total Assessment
$1,616,954 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Sale 2 Retails - 3109 & 3111 Alum Rock | 3111 Alum Rock Ave
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