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4095 Evergreen Village SQ San Jose, CA 95135
20,854 SqFt
UPDATED:
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
Others
Miscellaneous Fire Sprinkler System,Wheelchair Access

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Listed by Agnes Huang • Keller Williams Realty - Cupertino
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