Sold Community Center in Santa Clara County – 95132- 3/4

Sierra Plaza

3245- 3281 Sierra Road, San Jose, CA 95132

Sale Details
Sale Status: Sold
Sale Date: 10/31/2007
Sale Price: $3,950,000 ($413.18/SF)
Cap Rate: 6.56% (At Time Of Sale)
Listing Price: $3,950,000

Property Type: Retail
Property Subtype: Strip Center
Market: South Bay
Submarket: Int’l Business Park (IBP)/Northeast San Jose
Building Size: 9,560 SF
Lot Size: 35,719 SF
No. Stories: 1
Use Type: IN
Net Lease Investment: Yes
Property on Ground Lease:N
Year Built: 1965

Local Map

Property Description
Sierra Plaza is comprised of three separate buildings with a total of 9 shop tenants. Comments at time of listing: includes two national credit tenants Pizza Hut and Dairy Belle. In addition, a T-Mobile Tower is on the premises for additional monthly income.

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