2080 S Bascom Avenue #c, Campbell, CA 95008 ; Sold Retail Property; 1/10 in Santa Clara County

2080 S Bascom Avenue #c, Campbell, CA 95008 ; Sold Retail Property; 1/10 in Santa Clara County


Sold Retail Property at Santa Clara County – 2080 S Bascom Avenue

#c, Campbell, CA 95008 1/10

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2080 S Bascom Avenue #c, Campbell, CA 95008

Sale Information

Sale Status: Sold
Sale Date: 04/17/2014
Sale Price: $2,160,000 ($609.14/SF)
Cap Rate: 5.10% (At Time Of Listing)
Listing Price: $2,399,000

Property Details

Property Type:Retail
Property Sub-type: Strip Center
Building Size: 3,546 SF
Lot Size:12,782.00 Acres
APN / Parcel ID: 288-08-020

Property Description
12,782 sf lot. 3,546 sf of improvements with outside seating. Three Tenant Class A retail building in the Heart of Campbell. Long term local & regional credit mix. Stable, Pure NNN investment & all separately metered. No Deferred maintenance. 2014 NOI = $121,000. 3% annual increases during existing term and subsequent options.

 

Parties to Transaction
Seller:
HANSEN ROBERT N & DONNA D

 

Buyer:
WPI OF VILLAGE PARTNERS
2101 Woodside Rd Woodside, CA
Financing Comments
Sale involved mortgage financing. Lender identified as BANK OF AMERICA.