226 W Alma AVE, San Jose, CA 95110

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Listing courtesy of Jake Anthony from MJA Equity Investments, Inc.. 650-787-6707

List Price
$4,600,000
Status
ACTIVE
MLS#
ML82059661
Subtype
com
Year Built
2008
Lot Size
28,314
Acres
0.65
Neighborhood
Central San Jose

Property Description

Rare 100% occupied NNN retail/medical strip center offered at a 5.80% cap rate. Priced at $4,600,000, this 9,680 SF property features five (5) established tenants on triple-net leases, providing a landlord-favorable, low-management income stream. Tenants include a national fast-food franchise (Pizza Hut), a national wireless carrier (Metro by T-Mobile), a medical/wellness provider (Healing Grove), and two local service retailers delivering a diverse, credit-quality tenant mix. All tenants are individually metered and responsible for their own utilities, taxes, insurance, and CAM reimbursements. Built in 2008, the property features a modern concrete slab construction, flat roof with rooftop package HVAC units per suite, and approximately 36 on-site parking spaces. Ideally located on W. Alma Avenue at Almaden Expressway in San Jose, offering excellent visibility and accessibility. Current NOI of $266,870. Do not disturb tenants. All tours by appointment only.

Additional Information

Zoning
CP
Roof
Composition, Flat / Low Pitch
Foundation
Concrete Slab

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