1773 Landess Avenue, Milpitas, CA 95035; Sold Retail Property; 3/8 in Santa Clara County

1773 Landess Avenue, Milpitas, CA 95035; Sold Retail Property; 3/8 in Santa Clara County


Sold Retail Property in Santa Clara County – 1773 Landess Avenue,

Milpitas, CA 95035 3/8

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 1773 Landess Avenue, Milpitas, CA 95035

Sale Information

Sale Status: Sold
Sale Date: 12/30/2011
Sale Price: $1,889,000 ($191.12/SF)
Cap Rate: 8.69% (At Time Of Sale)
Listing Price: $2,250,000
Estimated days on LoopNet Marketplace: 164

Property Details

Property Type: Retail
Property Sub-type: Strip Center
Building Size: 9,884 SF
Lot Size: 0.64 Acres
APN / Parcel ID: 088-43-027

Property Description

The subject property is a retail strip center.

Parties to Transaction
Seller:
TAYS CONSOLIDATED INC

 

Buyer:
HLS STRATEGIC INVESTMENT INC
Broker:
MarcusMillichap
David Ching
Financing Comments
Sale involved mortgage financing. Lender identified as US BK NATIONAL ASSN.