1568 Branham Ln, San Jose, CA 95118; Sold Retail Property; 6/10 in Santa Clara County

1568 Branham Ln, San Jose, CA 95118; Sold Retail Property; 6/10 in Santa Clara County


Sold Retail Property in Santa Clara County – 1568 Branham Ln,

San Jose, CA 95118 6/10

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1568 Branham Ln, San Jose, CA 95118

Sale Information

Sale Status: Sold
Sale Date: 01/03/2014
Sale Price: $2,075,000 ($309.42/SF)
Cap Rate: 6.14% (At Time Of Listing)
Listing Price: $2,125,000

Property Details

Property Type: Retail
Property Sub-type: Strip Center
Building Size: 6,706 SF
Lot Size: 0.53 Acres
APN / Parcel ID: 569-25-015

Property Description
The subject property consists of a 6,706 square foot building on a 23,087 square foot lot. The subject property currently houses five tenants, all on triple net leases. The Branham Lane property is an excellent investment opportunity in one of the strongest retail markets in the country.

Parties to Transaction
Seller:
HABASH S FAMILY TRUST

 

Buyer:
, WONG FRANK M & SIN Y TRUST
6170 Mancuso St San Jose, CA
Broker:
J.J. Taughinbaugh
2626 Hanover Street Palo Alto, CA
Financing Comments
Cash Sale.