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Core Silicon Valley Strip Center 2223 Business Cir

5,800 SF 100% Leased Retail Building San Jose, CA 95128 $9,337,963 CAD ($1,610 CAD/SF) 4.43% Cap Rate

Investment Highlights

  • Heavy foot and average daily traffic counts throughout the day. Highly sought after hard corner location with superior visiblity.

Executive Summary

Here is your opportunity to purchase a 6 year old, ±5,800 Square Foot, Three (3) tenant, neighborhood retail strip center strategically located on the hard corner of Stevens Creek Blvd & Bascom Avenue.
In the heart of Silicon Valley, the subject property positioned in the established & densely populated community of West San Jose, CA; Excellent visibility & access from both Stevens Creek Blvd & Bascom Ave, which is the main North/South arterial connecting the densely populated N. San Jose, Santa Clara, Willow Glen & Campbell residential communities of Santa Clara County
Offering Memorandum is available upon request.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,800 SF
Building Class
B
Year Built
2018
Price
$9,337,963 CAD
Price Per SF
$1,610 CAD
Cap Rate
4.43%
NOI
$413,218 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Land Acres
0.42 AC
Zoning
UVC - Urban Village Commercial
Frontage
111 ft on S Bascom
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Crossfit Brick House Fitness
Bank of America
Rent-A-Center
Starbucks
Safeway
Del Frisco’s Double Eagle Steak House
King's Fish House
Mastro's
Orangetheory Fitness
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
277-04-064
Land Assessment
$4,810,738 CAD
Improvements Assessment
$3,608,053 CAD
Total Assessment
$8,418,791 CAD
  • Listing ID: 29253320

  • Date on Market: 2023-08-11

  • Last Updated:

  • Address: 2223 Business Cir, San Jose, CA 95128

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