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840 The Alameda 3,783 SF Office Building San Jose, CA 95126 $3,403,779 CAD ($899.76 CAD/SF) 6.40% Cap Rate
Executive Summary
840 The Alameda is a truly unique investment opportunity poised for substantial future growth. The building has been completely renovated, all major building systems/utilities, the roof, parking lot, façade and structural aspects of the building have been brought to modern standards. The building is 100% occupied, secured with a long term lease from a reputable tenant. It's within walking distance of Google's redevelopment project in San Jose, Diridon Station and the SAP Center. It's also near most major thoroughfares in the Bay Area - 87, 280, and 880.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,783 SF
Building Class
B
Year Built
1936
Price
$3,403,779 CAD
Price Per SF
$899.76 CAD
Cap Rate
6.40%
NOI
$217,842 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,783 SF
Building FAR
0.62
Lot Size
0.14 AC
Zoning
CP - Commercial Pedestrian District
Parking
5 Spaces (1.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,469,051 CAD | |
| Land Assessment | $1,000,677 CAD | Total Assessment | $2,469,728 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,000,677 CAD
Improvements Assessment
$1,469,051 CAD
Total Assessment
$2,469,728 CAD
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840 The Alameda
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