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4750 Almaden Expy

16,032 SF 100% Leased Retail Building San Jose, CA 95118 $18,468,937 CAD ($1,152 CAD/SF) 5.26% Cap Rate

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Investment Highlights

Great Retail Location in Silicon Valley
Adjacent Major Retail Project – Almaden Ranch
Long Term, Well Established Tenants

Shadow Anchored by Safeway, McDonalds, Savers and Jo-Ann Fabrics
Fee Simple Title. Multi-Tenant NNN Leased Investment

Executive Summary

Multi-Tenant Retail Center For Sale. Fee simple title, multi-tenant NNN leased investment. Absolute triple net multi-tenant (14) shopping center with annual 3-4% rent increases in all leases. (Tenants reimburse for taxes, insurance and common area fees, plus property management, PLUS 10% Admin fee, parking lot, roof and HVAC repairs & replacement). Long term, well established tenants – Burrito Factory 20+ yrs., Poki Bowl; UPS ; Laguna Dental 15+ years. No existing financing – buyer can structure new financing that best suits its needs. All internet resistant service-oriented tenants. Great retail location in Silicon Valley shadow anchored by Safeway, McDonalds, Savers and Jo-Ann Fabrics; adjacent major retail project – Almaden Ranch 350,000 Sq. Ft. anchored by Bass Pro Shops. Professionally managed property with no deferred maintenance.

Executive Summary 4750 Almaden 12-18-23

4750 Almaden Confidentiality Agreement PRINCIPAL 7-21-23 fillable

Market Information

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront

Building Size

16,032 SF

Building Class

Year Built

1988

Price

$18,468,937 CAD

Price Per SF

$1,152 CAD

Cap Rate

5.26%

NOI

$970,967 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.33

Lot Size

1.11 AC

Zoning

CG - Commercial General

Parking

5 Spaces per 1,000 SF Leased

Amenities

Corner Lot
Signage

Tenant Controlled HVAC

Monument Signage

Air Conditioning

Retailer
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Lorem Ipsum
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Smoker Friendly® is America's largest cigarette and tobacco store (CTS) retailer. Their first retail location was opened in 1988, making Smoker Friendly one of the leading pioneers of the trade class. Their brand has international recognition and includes more than 800 stores nationwide. The brick and mortar locations are centralized primarily in Colorado, Nebraska, Wyoming, Montana, and Florida. Smoker Friendly is actively expanding their reach and enthusiastic to introduce their customers to the latest additions to the Smoker Friendly family.