2075 De La Cruz , Santa Clara , CA 95050; Office Building for sale; B-1 in santa Clara county
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Just off the 101 frway. Priced is based on below market rent $1.45/SF and NOI $155,000. When the rent go to $2.50/sf monthly rental income will be $2.50 x12900 =$ 32250 OR $387000 minus expense $59k. NOI will be$333k.At 5-6 cap building will be worth up to 5-6 millions Approx in few years. Excluding Vacancy and management CAP is 6 %but return on investment is 8%.
Property consists of 8 suites on 27000sf lot. Stand alone building sitting on main blvd just of the frway 101.Close to 880,280,287. Excellent business exposure.