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801-809 Lincoln Ave 7,500 SF 100% Leased Retail Building San Jose, CA 95126 $6,150,678 CAD ($820.09 CAD/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Potential redevelopment opportunity
- The property offers easy access to state highways 280 and 87
- Lincoln Avenue is the gateway to the affluent “Willow Glen” neighborhood and is in close proximity to numerous restaurants, retail amenities, offices
EXECUTIVE SUMMARY
Property consists of a retail building consisting of approximately 7,825 SF which is fully leased to 3 tenants. In addition, there are 2 fully leased residential units consisting of 1,100 SF & 1,200 SF respectively. This mixed-use leased investment is unique in today’s investment marketplace.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built
1980
Price
$6,150,678 CAD
Price Per SF
$820.09 CAD
Cap Rate
6.60%
NOI
$405,953 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.79 AC
Zoning
G - General Commercial
Frontage
112’ on Lincoln Ave Ave
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $387,439 CAD | |
| Land Assessment | $310,922 CAD | Total Assessment | $698,361 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$310,922 CAD
Improvements Assessment
$387,439 CAD
Total Assessment
$698,361 CAD
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801-809 Lincoln Ave
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