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405 Saratoga Ave 7 930 pi² 100% Loué Commerce de détail Immeuble San Jose, CA 95129 12 038 400 $ CAD (1 518,08 $ CAD/pi²) 5,47% Taux de capitalisation



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Faits saillants de l'investissement
- Starbucks-anchored retail center with six tenants and 100% occupancy.
- Modern construction (2014) with updated infrastructure and tenant buildouts.
- Prominent monument signage and outdoor dining areas enhance visibility and customer experience.
- Located at a high-traffic, signalized intersection with over 76,000 combined VPD.
- Strong demographics with over 556,000 residents and $175,000 average household income within five miles.
Résumé de l'annonce
This offering presents a fully leased, Starbucks-anchored retail center located at the signalized intersection of Saratoga Avenue and Kiely Boulevard in San Jose, California. Constructed in 2014, the property consists of a 7,930 SF freestanding building on a 0.69-acre parcel, strategically positioned in one of Silicon Valley’s most established retail corridors. The center features six tenants across smaller, highly leasable suites, including Starbucks, AZ Dental, and popular dining concepts, ensuring consistent consumer traffic and income stability.
The property benefits from modern retail infrastructure, including separately metered suites, individual HVAC units, full kitchen buildouts, and significant tenant improvements, minimizing future capital requirements. On-site amenities include ample parking with 42 spaces, private outdoor dining areas, and prominent monument signage with dual street exposure.
Located in the heart of Silicon Valley, the asset offers immediate access to Interstate 280, Highway 87, and San Jose International Airport. The surrounding trade area includes over 556,000 residents within a five-mile radius and an average household income exceeding $175,000, supporting strong retail demand. This investment represents a rare opportunity to acquire a stabilized, infill retail asset with long-term growth fundamentals in a supply-constrained market.
The property benefits from modern retail infrastructure, including separately metered suites, individual HVAC units, full kitchen buildouts, and significant tenant improvements, minimizing future capital requirements. On-site amenities include ample parking with 42 spaces, private outdoor dining areas, and prominent monument signage with dual street exposure.
Located in the heart of Silicon Valley, the asset offers immediate access to Interstate 280, Highway 87, and San Jose International Airport. The surrounding trade area includes over 556,000 residents within a five-mile radius and an average household income exceeding $175,000, supporting strong retail demand. This investment represents a rare opportunity to acquire a stabilized, infill retail asset with long-term growth fundamentals in a supply-constrained market.
Faits sur la propriété Sous contrat
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
7 930 pi²
Classe d’immeuble
B
Année de construction
2014
Prix
12 038 400 $ CAD
Prix par pi²
1 518,08 $ CAD
Taux de capitalisation
5,47%
Revenu net d’exploitation
658 500 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
0,69 AC
Zonage
UV - Quartier commercial
Commodités
- Affichage
Moyennement practicable à pied
70/100
Exceptionnellement facile d'accès en voiture
100/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 296-40-007 | Évaluation des bâtiments | 4 635 796 $ CAD |
| Évaluation du terrain | 477 986 $ CAD | Évaluation totale | 5 113 782 $ CAD |
Impôts fonciers
Numéro de lot
296-40-007
Évaluation du terrain
477 986 $ CAD
Évaluation des bâtiments
4 635 796 $ CAD
Évaluation totale
5 113 782 $ CAD
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405 Saratoga Ave
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