4095 Evergreen Village SQ Active Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95135
Key Details
Property Type COMM INDUSTRIAL FOR SALE
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 20,854 sqft
Price per Sqft $719
MLS Listing ID ML81839083
Year Built 2007
Lot Size 1.104 Acres
Property Sub-Type Comm Ind For Sale
Property Description
Rare opportunity of an exceptional shopping venues gem in Silicon Valley Located in a retail hub in East San Jose, CA. 4095 Evergreen Village Square is a high-profile shopping center surrounded by neighborhoods and nestled in the beautiful hills, and features a diverse lineup of national credit, regional and local tenants. All of the in-place 4 tenants feature long term NNN leases. Double Tree ( Subleased from Walgreens) and local credited tenants are siting in an approximately 20,428 SF leasable building on a 1.1 Acre lot. Amazing rental performance with NOI $625,995 annually and Cap rate 4.17%. The NOI is projected to increase more than $80,000 (12.5%) over the projected hold period (10 yrs), creating a strong hedge against inflation. With Google new offices & campus shifting to east of San Jose, Evergreen Village Square just within 10 miles away, caters perfectly to the surrounding demographics and will provide an investor with a stable and recession-proof investment.
Location
State CA
County Santa Clara
Area All Other Counties/States
Zoning A-PD
Interior
Heating Electric,Gas,Space
Exterior
Parking Features Common Parking Areas
Garage Spaces 104.0
Utilities Available Public Sewer