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750 Camden Ave 25,572 SF 90% Leased Office Building Campbell, CA 95008 $11,627,871 CAD ($454.71 CAD/SF) 3.65% Cap Rate
Executive Summary
Rarely available light industrial/office complex in Campbell near Highway 17 and San Tomas Expressway. The property has enjoyed high occupancy over many years; however, rents are well below market. This provides the opportunity to increase rents as these short term leases roll in the near future. Among the three buildings are 10 light industrial flex spaces each with a 10' x 12' roll up truck door. There are two office suites in 740 Camden Avenue as well as in 750 Camden Avenue. Offices are built out with private offices, restrooms, kitchenettes and each is served with HVAC. Parking is surface with 60 striped spaces. The improvements are all in very good condition and the front of the site is nicely landscaped with mature trees and ground cover.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
25,572 SF
Building Class
B
Year Built
1978
Price
$11,627,871 CAD
Price Per SF
$454.71 CAD
Cap Rate
3.65%
NOI
$424,417 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,786 SF
Building FAR
0.39
Lot Size
1.50 AC
Zoning
P-D
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 412-01-020 | Improvements Assessment | $3,322,253 CAD |
| Land Assessment | $2,734,369 CAD | Total Assessment | $6,056,621 CAD |
Property Taxes
Parcel Number
412-01-020
Land Assessment
$2,734,369 CAD
Improvements Assessment
$3,322,253 CAD
Total Assessment
$6,056,621 CAD
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750 Camden Ave
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