1814-1816 Hillsdale Ave - Freestanding FOR SALE


San Jose, CA 95124- Rose-Sartorette
$8,495,000 USD
408-966-5919
1814-1816 Hillsdale Ave, San Jose, CA for Sale
$8,495,000 USD
Freestanding - FOR SALE
1/27
null | Request Cap Rate

1814-1816 Hillsdale Ave
San Jose, CA 95124
Rose-Sartorette


HIGHLIGHTS

  • Rare Value Add Multi-Tenant Retail Opportunity or Owner User Opportunity
  • The Building is Currently 100% Vacant
  • 23,899 SF and Consists of 7 Units - Largest Unit is 12,759 SF
  • 8.8% Proforma CAP Rate (Using a Proforma Rent/ SF of $2.75 SF NNN)
  • Located in the Camden/Hillsdale Urban Village Designation – Rare 1.76 AC Redevelopment Opportunity
  • 137 Parking Stalls

OVERVIEW

- Rare value add multi-tenant retail opportunity or owner user opportunity. SELLER WANTS THIS SOLD. - The building is currently 100% vacant. - The building is 23,899 SF and consists of 7 units with the largest unit being 12,759 SF which was a former gym. - 8.8% Proforma CAP Rate (Using a proforma rent/ SF of $2.75 SF NNN). - Located in the Camden/Hillsdale Urban Village Designation – great 1.76 AC redevelopment opportunity. - The property consists of three (3) parcels totaling 76,666 square feet (1.76 aces) - 137 parking stalls - Across the street from a Power Center which includes national retailers such as Target, Home Depot, TJ Maxx & HomeGoods, 24 Hour Fitness, McDonalds, & Starbucks. - Strategically positioned on the corner of Camden and Hillsdale Avenue with excellent visibility and traffic counts as well as easy access to Hwy 85, 880, & 280.

FOR SALE DETAILS

PRICE

$8,495,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PRICE REDUCED AGAIN... MUST SEE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Health Club, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

137

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

CN

APN/PARCEL ID

419-05-054,419-05-055,419-05-060

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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