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521 Charcot Ave - Club Auto Sport-SV Condominium Assoc Inc 5,005 SF Industrial Condo Unit Offered at $2,694,015 CAD in San Jose, CA 95131

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Investment Highlights

Auto Zoned (with certain restrictions)
Office, retail, auto, and light industrial uses

Dynamic business center with a variety of non-auto related businesses located within the unique facility
Safe and secure facility to store and enjoy your vintage and collectible cars (certain restrictions apply)

Offering Memorandum

Property Facts

Total Building Size	96,500 SF	Typical Floor Size	14,969 SF
Property Type	Flex (Condo)	Year Built	2008
Property Subtype	Showroom Flex Research & Development General Retail Auto Repair Industrial Service	Lot Size	0.45 AC
Building Class	B	Parking Ratio	5.14/1,000 SF
Floors	1
Zoning	PD/LI - Planned Development /Light Industrial (PD/LI)

Total Building Size	96,500 SF
Property Type	Flex (Condo)
Property Subtype	Showroom Flex Research & Development General Retail Auto Repair Industrial Service
Building Class	B
Floors	1
Typical Floor Size	14,969 SF
Year Built	2008
Lot Size	0.45 AC
Parking Ratio	5.14/1,000 SF
Zoning	PD/LI - Planned Development /Light Industrial (PD/LI)

24 Hour Access
Controlled Access

Courtyard
Fenced Lot

Security System
Signage

Reception
Air Conditioning

Lighting
Gas
Water
Sewer
Heating

1 Unit Available

Unit 211

Unit Size	5,005 SF	Sale Type	Investment
Price	$2,694,015 CAD	Cap Rate	6.40%
Price Per SF	$538.26 CAD	NOI	$172,416.94 CAD
Condo Use	Industrial

Unit Size	5,005 SF
Price	$2,694,015 CAD
Price Per SF	$538.26 CAD
Condo Use	Industrial
Sale Type	Investment
Cap Rate	6.40%
NOI	$172,416.94 CAD

Description

Polished concrete floors, office/reception area, 4 single pole lifts built in, HVAC and sprinkler system in place.

Sale Notes

Leased Investment Property
Strong Tenant, lease has been renewed for an additional 5 yr term, new LED 12/31/2030; annual base rent increases 4%.

Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.