Cushman & Wakefield is pleased to present the rare opportunity to acquire “The Plaza”, a charming mixed-use office/retail property located in the heart of Willow Glen at 1182-1190 Lincoln Avenue, San Jose, California. Prominently situated on the highly trafficked Lincoln Avenue downtown corridor, the ±7,264 square foot building and large ±0.43 acre lot benefit from exceptional visibility, ample on-site and street parking, strong pedestrian activity, and proximity to nationally recognized retailers, restaurants, and neighborhood-serving amenities. The property features a complementary mix of ground-floor restaurant, retail and personal services tenants, and upper-level office users, providing diversified income streams and operational flexibility. Tenants are attracted to and benefit from direct street exposure and signage and the surrounding vibrant, amenity-rich downtown environment. The desirable Willow Glen area is characterized by affluent demographics, limited competing inventory or new supply, strong submarket fundamentals and sustained demand for boutique office and street-front retail space. The property is conveniently accessible to/from Downtown San Jose, Highway 87, and major Silicon Valley companies.
The asset offers the ability to acquire a core Willow Glen asset with long-term appreciation potential, supported by stable in-place income with meaningful upside through market rent increases and/or repositioning, appealing to owner-users, value-add investors and/or covered land play developers. Don’t miss this compelling opportunity to secure a pride of ownership foothold in San Jose’s most resilient and sought-after downtown corridors.