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Saratoga Ave & Kiely Blvd For Sale 2 biens • Commerce de détail • À vendre 7 201 341 $ CAD • San Jose, CA
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Faits saillants de l'investissement
- Two-parcel retail investment totaling ±13,100 SF on 1.11 acres in San Jose’s West Valley.
- Value-add potential through below-market rents and flexible month-to-month tenancy in the strip center.
- Surrounded by major retailers, dining, and lifestyle destinations including Westfield Valley Fair and Santana Row.
- Hard-corner location at Saratoga Avenue and Kiely Boulevard with 71,830 ADT and immediate I-280 access.
- Long-term stability from a well-established restaurant tenant with lease through December 2031.
- Located in a dense, high-income trade area with strong consumer spending and proximity to Silicon Valley tech corridors.
Résumé de l'annonce
This offering presents a rare opportunity to acquire two contiguous retail assets in the heart of San Jose’s West Valley. The assemblage includes a 3,500 SF freestanding restaurant and a 9,600 SF multi-tenant strip center situated on a combined 1.11-acre site at the high-traffic intersection of Saratoga Avenue and Kiely Boulevard. The property benefits from a prominent hard-corner location with excellent visibility and immediate access to I-280, ensuring strong connectivity to Silicon Valley’s major employment hubs.
The investment offers a value-add component through below-market rents and predominantly month-to-month tenancy in the strip center, providing flexibility for repositioning, re-tenanting, or redevelopment. The restaurant is a long-standing fine dining establishment with a lease term extending through December 2031, offering income stability. With an average daily traffic count of 71,830 vehicles and proximity to major retail destinations such as Westgate Center and Santana Row, this property is well-positioned to capture strong consumer demand.
The investment offers a value-add component through below-market rents and predominantly month-to-month tenancy in the strip center, providing flexibility for repositioning, re-tenanting, or redevelopment. The restaurant is a long-standing fine dining establishment with a lease term extending through December 2031, offering income stability. With an average daily traffic count of 71,830 vehicles and proximity to major retail destinations such as Westgate Center and Santana Row, this property is well-positioned to capture strong consumer demand.
Faits sur la propriété
| Prix | 7 201 341 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 549,72 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6% | Taille totale du bâtiment | 13 100 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 1,11 AC |
| Statut | Actif |
| Prix | 7 201 341 $ CAD |
| Prix/pi² | 549,72 $ CAD / pi² |
| Taux de capitalisation | 6% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 13 100 pi² |
| Superficie totale du terrain | 1,11 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 435-445 Kiely Blvd, San Jose, CA 95117 | Commerce de détail | 9 600 pi² | 1972 | - |
| 410 Saratoga Ave, San Jose, CA 95129 | Commerce de détail | 3 500 pi² | 1971 | - |
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Saratoga Ave & Kiely Blvd For Sale
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