1895 Tully Rd - Auto Repair FOR SALE


San Jose, CA 95122- Edge
$5,500,000 USD
408-727-9600
1895 Tully Rd, San Jose, CA for Sale
$5,500,000 USD
Auto Repair - FOR SALE
1/4
null | 4.75% Cap Rate

1895 Tully Rd
San Jose, CA 95122
Edge


HIGHLIGHTS

  • San Jose is the economic engine of Silicon Valley with one of the most dynamic labor forces in the nation.
  • AAA provides mission-critical automotive and DMV-related services, which are non-discretionary and recession-resistant.
  • Within a 3-mile radius, the population exceeds 250,000 residents with above-average household incomes.
  • The property enjoys excellent frontage and visibility on Tully Road, a heavily trafficked arterial in San Jose.
  • Given San Jose’s constrained land supply, the underlying real estate itself provides long-term appreciation potential.

OVERVIEW

1895 Tully Road is a 7,330 square foot freestanding retail/service building strategically located in the dense San Jose submarket of Santa Clara County. The property is 100% leased on a long-term basis to AAA Northern California, Nevada & Utah, one of the most recognizable and creditworthy organizations in the country. This offering provides investors the opportunity to acquire a stable, long-duration cash flow stream in the heart of Silicon Valley.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

NCC

APN/PARCEL ID

491-28-133

ASK ABOUT THIS PROPERTY

Jesse MillmanNewmarkMore Info
408-727-9600

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Jesse MillmanNewmarkMore Info
408-727-9600

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