3151 S White Rd - Medical FOR SALE


San Jose, CA 95148
$8,700,000 USD
408-457-8808
3151 S White Rd, San Jose, CA for Sale
$8,700,000 USD
Medical - FOR SALE
1/5
null | 6.04% Cap Rate

3151 S White Rd
San Jose, CA 95148


HIGHLIGHTS

  • Rare multi-tenant dental investment opportunity

OVERVIEW

Evergreen Plaza Professional Center is a ±15,413 SF multi-tenant dental and medical office building located in San Jose’s highly desirable Evergreen neighborhood. The property is 92% leased to a diverse mix of established dental practices, providing stable, recession-resistant income with long-term leases, scheduled rent increases, and strong expense-recovery structures. Situated on a 1.25-acre parcel with excellent frontage along South White Road, the building offers high visibility, ample surface parking, and easy access to US-101 and Capitol Expressway. The Evergreen submarket is known for strong demographics, dense population, and consistent healthcare demand—ideal conditions for medical/dental tenancy. A single ±1,308 SF vacancy provides immediate lease-up upside, while the large site and flexible configuration present future expansion or redevelopment potential. Key Highlights: * 92% leased to seven established dental practices * Durable dental tenancy with minimal rollover and rent growth baked in * 15,413 RSF on a 54,450 SF (1.25-acre) lot * Strong expense reimbursements and reliable annual cash flow * Prime Evergreen location with high household incomes and a deep patient base Value-add upside through lease-up and potential long-term redevelopment. A rare opportunity to acquire a stable, healthcare-anchored asset in one of the strongest residential neighborhoods in San Jose.

FOR SALE DETAILS

PRICE

$8,700,000 USD

PRICE/SF

$528 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

CP (PD)

APN/PARCEL ID

673-14-019

ASK ABOUT THIS PROPERTY

Eric RafiaHealthMed RealtyMore Info
408-457-8808

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Eric RafiaHealthMed RealtyMore Info
408-457-8808

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