Saratoga Ave & Kiely Blvd For Sale Retail FOR SALE


San Jose, CA - Northlake
$5,299,000 USD
408-307-7986
, San Jose, CA for Sale
$5,299,000 USD
Retail - FOR SALE
1/10
null | 6% Cap Rate

Saratoga Ave & Kiely Blvd For Sale
San Jose, CA
Northlake


HIGHLIGHTS

  • Two-parcel retail investment totaling ±13,100 SF on 1.11 acres in San Jose’s West Valley.
  • Hard-corner location at Saratoga Avenue and Kiely Boulevard with 71,830 ADT and immediate I-280 access.
  • Value-add potential through below-market rents and flexible month-to-month tenancy in the strip center.
  • Long-term stability from a well-established restaurant tenant with lease through December 2031.
  • Surrounded by major retailers, dining, and lifestyle destinations including Westfield Valley Fair and Santana Row.
  • Located in a dense, high-income trade area with strong consumer spending and proximity to Silicon Valley tech corridors.

OVERVIEW

This offering presents a rare opportunity to acquire two contiguous retail assets in the heart of San Jose’s West Valley. The assemblage includes a 3,500 SF freestanding restaurant and a 9,600 SF multi-tenant strip center situated on a combined 1.11-acre site at the high-traffic intersection of Saratoga Avenue and Kiely Boulevard. The property benefits from a prominent hard-corner location with excellent visibility and immediate access to I-280, ensuring strong connectivity to Silicon Valley’s major employment hubs. The investment offers a value-add component through below-market rents and predominantly month-to-month tenancy in the strip center, providing flexibility for repositioning, re-tenanting, or redevelopment. The restaurant is a long-standing fine dining establishment with a lease term extending through December 2031, offering income stability. With an average daily traffic count of 71,830 vehicles and proximity to major retail destinations such as Westgate Center and Santana Row, this property is well-positioned to capture strong consumer demand.

ASK ABOUT THIS PROPERTY

John KovaleskiKidder MathewsMore Info
408-307-7986

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John KovaleskiKidder MathewsMore Info
408-307-7986

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