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Saratoga Ave & Kiely Blvd For Sale 2 Retail Properties Offered at $7,208,282 CAD in San Jose, CA
Investment Highlights
- Two-parcel retail investment totaling ±13,100 SF on 1.11 acres in San Jose’s West Valley.
- Value-add potential through below-market rents and flexible month-to-month tenancy in the strip center.
- Surrounded by major retailers, dining, and lifestyle destinations including Westfield Valley Fair and Santana Row.
- Hard-corner location at Saratoga Avenue and Kiely Boulevard with 71,830 ADT and immediate I-280 access.
- Long-term stability from a well-established restaurant tenant with lease through December 2031.
- Located in a dense, high-income trade area with strong consumer spending and proximity to Silicon Valley tech corridors.
Executive Summary
This offering presents a rare opportunity to acquire two contiguous retail assets in the heart of San Jose’s West Valley. The assemblage includes a 3,500 SF freestanding restaurant and a 9,600 SF multi-tenant strip center situated on a combined 1.11-acre site at the high-traffic intersection of Saratoga Avenue and Kiely Boulevard. The property benefits from a prominent hard-corner location with excellent visibility and immediate access to I-280, ensuring strong connectivity to Silicon Valley’s major employment hubs.
The investment offers a value-add component through below-market rents and predominantly month-to-month tenancy in the strip center, providing flexibility for repositioning, re-tenanting, or redevelopment. The restaurant is a long-standing fine dining establishment with a lease term extending through December 2031, offering income stability. With an average daily traffic count of 71,830 vehicles and proximity to major retail destinations such as Westgate Center and Santana Row, this property is well-positioned to capture strong consumer demand.
The investment offers a value-add component through below-market rents and predominantly month-to-month tenancy in the strip center, providing flexibility for repositioning, re-tenanting, or redevelopment. The restaurant is a long-standing fine dining establishment with a lease term extending through December 2031, offering income stability. With an average daily traffic count of 71,830 vehicles and proximity to major retail destinations such as Westgate Center and Santana Row, this property is well-positioned to capture strong consumer demand.
Property Facts
| Price | $7,208,282 CAD | Number of Properties | 2 |
| Price / SF | $550.25 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 13,100 SF |
| Sale Type | Investment | Total Land Area | 1.11 AC |
| Status | Active |
| Price | $7,208,282 CAD |
| Price / SF | $550.25 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,100 SF |
| Total Land Area | 1.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 435-445 Kiely Blvd, San Jose, CA 95117 | Retail | 9,600 SF | 1972 | - |
| 410 Saratoga Ave, San Jose, CA 95129 | Retail | 3,500 SF | 1971 | - |
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Saratoga Ave & Kiely Blvd For Sale
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