1720 W San Carlos St - Freestanding FOR SALE


San Jose, CA 95128- Buena Vista
$1,570,000 USD
650-701-5590
1720 W San Carlos St, San Jose, CA for Sale
$1,570,000 USD
Freestanding - FOR SALE
1/7
null | 5.5% Cap Rate

1720 W San Carlos St
San Jose, CA 95128
Buena Vista


HIGHLIGHTS

  • Prime Corner Location in Core Silicon Valley
  • NNN Investment - Zero landlord responsibilities
  • Long-Term Lease Commitment - approximately six years remaining on the primary term, with lease expiration September 30, 2032
  • Attractive Rent Growth — 3% annual rent increases throughout the term provide a hedge against inflation and built-in NOI growth
  • Strong In-Place Return — 5.5% cap rate on in-place NOI of $86,325 offers an attractive, stabilized yield with contractual growth
  • Infill San Jose Location — Positioned along W San Carlos St, a high traffic corridor benefiting from surrounding residential and commercial density

OVERVIEW

The S&T Group of Marcus & Millichap is pleased to bring to market 1720 W. San Carlos Street, a 1,064-square-foot single-tenant retail investment situated on a 0.23-acre corner lot in the heart of San Jose, California. The property is leased on a triple-net basis to California Check Cashing Stores, LLC, with the tenant responsible for all operating expenses, taxes, insurance, and maintenance — offering a passive, management-free investment. Positioned along W. San Carlos Street, a high-traffic infill corridor benefiting from dense surrounding residential and commercial density, the property is surrounded by national credit retailers including Walgreens, Safeway, and AutoZone, and sits within minutes of Silicon Valley's largest employers, including Adobe, eBay, and PayPal. The site's generous 0.23-acre lot relative to its building footprint offers excess land and a strong parking ratio, providing long-term redevelopment or expansion optionality.

FOR SALE DETAILS

PRICE

$1,570,000 USD

PRICE/SF

$1,476 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Corner NNN Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,132 SF

ZONING

C2H

APN/PARCEL ID

277-14-027

ASK ABOUT THIS PROPERTY

Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

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Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.