405 Saratoga Ave - Freestanding FOR SALE


San Jose, CA 95129- Loma Linda
$8,800,000 USD
408-588-2318
405 Saratoga Ave, San Jose, CA for Sale
$8,800,000 USD
Freestanding - FOR SALE
1/13
null | 5.47% Cap Rate

405 Saratoga Ave
San Jose, CA 95129
Loma Linda


HIGHLIGHTS

  • Starbucks-anchored retail center with six tenants and 100% occupancy.
  • Located at a high-traffic, signalized intersection with over 76,000 combined VPD.
  • Modern construction (2014) with updated infrastructure and tenant buildouts.
  • Strong demographics with over 556,000 residents and $175,000 average household income within five miles.
  • Prominent monument signage and outdoor dining areas enhance visibility and customer experience.

OVERVIEW

This offering presents a fully leased, Starbucks-anchored retail center located at the signalized intersection of Saratoga Avenue and Kiely Boulevard in San Jose, California. Constructed in 2014, the property consists of a 7,930 SF freestanding building on a 0.69-acre parcel, strategically positioned in one of Silicon Valley’s most established retail corridors. The center features six tenants across smaller, highly leasable suites, including Starbucks, AZ Dental, and popular dining concepts, ensuring consistent consumer traffic and income stability. The property benefits from modern retail infrastructure, including separately metered suites, individual HVAC units, full kitchen buildouts, and significant tenant improvements, minimizing future capital requirements. On-site amenities include ample parking with 42 spaces, private outdoor dining areas, and prominent monument signage with dual street exposure. Located in the heart of Silicon Valley, the asset offers immediate access to Interstate 280, Highway 87, and San Jose International Airport. The surrounding trade area includes over 556,000 residents within a five-mile radius and an average household income exceeding $175,000, supporting strong retail demand. This investment represents a rare opportunity to acquire a stabilized, infill retail asset with long-term growth fundamentals in a supply-constrained market.

FOR SALE DETAILS

PRICE

$8,800,000 USD

PRICE/SF

$1,073 USD /SF

CAP RATE

5.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

UV

APN/PARCEL ID

296-40-007

ASK ABOUT THIS PROPERTY

Nigel KeepKidder MathewsMore Info
408-588-2318

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

Nigel KeepKidder MathewsMore Info
408-588-2318

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