71 Washington St - Storefront Retail/Office FOR SALE


Santa Clara, CA 95050- Outer Santa Clara
$3,900,000 USD
408-221-2717
71 Washington St, Santa Clara, CA for Sale
$3,900,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

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71 Washington St
Santa Clara, CA 95050
Outer Santa Clara


HIGHLIGHTS

  • Mixed Use Retail and Office Building For Sale.
  • Ideal for Investor, Owner/User Developer.

OVERVIEW

The subject property is a 11,480 square foot, two-story, mixed-use (retail/office) building positioned at 71-77 Washington Street, Santa Clara, CA. The property is comprised of two ground floor retail suites, one formerly leased by Starbucks and the other to Daisy laundromat, and three second floor office suites, two leased to tenants on a modified gross expense basis and the third rented out on a short-term basis. The property possesses a corner location and backs up to a paved parking lot, which is shared by the neighboring retail buildings that are also part of its larger development, referred to as the Normandy Center. The improvements are well-maintained, with contemporary fixtures and finish. The office interior was remodeled 2 years ago the roof was resurfaced 2 to 3 months ago. Please note that there is a roofmounted cell tower leased to Dish Wireless LLC on an absolute net basis.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CN, Santa Clara

APN/PARCEL ID

269-51-072

ASK ABOUT THIS PROPERTY

Marie AndersonCBRE, Inc.More Info
408-221-2717

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Marie AndersonCBRE, Inc.More Info
408-221-2717

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