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WILLOW GLEN Retail Strip Center 2218-2230 Lincoln Ave 5 520 pi² 50% Loué Commerce de détail Immeuble San Jose, CA 95125 5 191 875 $ CAD (940,56 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- ±5,520 SF Freestanding Retail Strip Center with 4 Units on a ±14,810 SF Lot with Large Rear Parking Lot
- Owner User Opportunity: 100% of the Building Available for an Owner User to Occupy
- Located One Parcel from the Corner of Lincoln & Curtner Ave
- Taqueria Milagro Restaurant Leasing 2 Adjacent Units (50% of Building) & Lease Can be Terminated with 6 Months Notice After Close of Escrow
- Value Add Opportunity: 6.20% CAP Rate using a Proforma Rent of $3.50 SF NNN
- 1 Mile from Downtown Willow Glen
RÉSUMÉ DE L'ANNONCE
- ±5,520 SF Freestanding Retail Strip Center with 4 Units on a ±14,810 SF Lot.
- Large Rear Private Parking Lot.
- 50% Leased: Taqueria Milagro a Mexican Restaurant is Currently Leasing 2 Adjacent Units; the Lease allows the Buyer to terminate the tenant’s lease with 6 months’ notice following close of escrow.”
- Owner User Opportunity: 100% of the Building Available for an Owner User to Occupy (50% is Currently Vacant and the other 50% can be made Available 6 months following the close of escrow).
- Value Add Opportunity: 6.20% CAP Rate using a proforma rent of $3.50 SF NNN.
- CP – Commercial Pedestrian Zoning Designation: Allows for Uses such as Retail, Gym, Restaurant, Personal Services, Animal Boarding & Grooming, Office, Medical Office, and many more.
- Located One Parcel from the Corner of Lincoln & Curtner Ave.
- Average Household Income in Excess of $165,000 in a 1-Mile Radius.
- 1 Mile from Downtown Willow Glen.
- Large Rear Private Parking Lot.
- 50% Leased: Taqueria Milagro a Mexican Restaurant is Currently Leasing 2 Adjacent Units; the Lease allows the Buyer to terminate the tenant’s lease with 6 months’ notice following close of escrow.”
- Owner User Opportunity: 100% of the Building Available for an Owner User to Occupy (50% is Currently Vacant and the other 50% can be made Available 6 months following the close of escrow).
- Value Add Opportunity: 6.20% CAP Rate using a proforma rent of $3.50 SF NNN.
- CP – Commercial Pedestrian Zoning Designation: Allows for Uses such as Retail, Gym, Restaurant, Personal Services, Animal Boarding & Grooming, Office, Medical Office, and many more.
- Located One Parcel from the Corner of Lincoln & Curtner Ave.
- Average Household Income in Excess of $165,000 in a 1-Mile Radius.
- 1 Mile from Downtown Willow Glen.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
5 520 pi²
Classe d’immeuble
C
Année de construction
1948
Prix
5 191 875 $ CAD
Prix par pi²
940,56 $ CAD
Pourcentage loué
50%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,37
Taille du lot
0,34 AC
Zonage
CP - Piéton Commercial
Façade
123’ sur Lincoln Ave
COMMODITÉS
- Intersection avec signalisation
Walk Score®
Très pratique à pied (77)
Bike Score®
Très cyclable (79)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 439-17-151 | Évaluation des bâtiments | 140 921 $ CAD |
| Évaluation du terrain | 113 247 $ CAD | Évaluation totale | 254 168 $ CAD |
Impôts fonciers
Numéro de lot
439-17-151
Évaluation du terrain
113 247 $ CAD
Évaluation des bâtiments
140 921 $ CAD
Évaluation totale
254 168 $ CAD
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WILLOW GLEN Retail Strip Center | 2218-2230 Lincoln Ave
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