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SAN JOSE SHOPPES 5302-5320 Monterey Hwy

27,611 SF 89% Leased Retail Building San Jose, CA 95111 $17,668,335 CAD ($640 CAD/SF) 5.41% Cap Rate

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Investment Highlights

PRIME URBAN RETAIL LOCATION: Centrally located in San Jose, CA, with 27,611 SF of retail space across twelve units.
FULLY OCCUPIED WITH STABLE TENANTS: 11/12 units are occupied, including Mercado Market and a mix of food and service-oriented tenants
HIGH-TRAFFIC, ACCESSIBLE LOCATION: Positioned on Monterey Highway, visible to all three lanes of traffic, with easy access to Highways 101 and 85

MODERNIZED PROPERTY FEATURES: Built in 1980, the property has been modernized with renovations that include a re-coated roof, new gutters
INVESTOR-FRIENDLY LEASE STRUCTURE: NNN leases with recent rent increases, still at 80% of market rates, offer potential upside
SILICON VALLEY ADVANTAGE: Located in San Jose, a major hub in Northern California and home to several tech giants, providing a strong market

Executive Summary

Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave,
Suite 1225, El Segundo, CA 90245