1492 Almaden Road, San Jose, CA 95125; Sold Retail Property; 9/10 in Santa Clara County
Sold Retail Property in Santa Clara County – 1492 Almaden Road,
San Jose, CA 95125 9/10
1492 Almaden Road, San Jose, CA 95125
Sale Information
Sale Status: Sold
Sale Date: 12/17/2012
Sale Price: $1,720,000 ($293.67/SF)
Cap Rate: 6.50% (At Time Of Listing)
Listing Price: $1,800,000
Property Details
Property Type: Retail
Property Sub-type: Strip Center
Building Size: 5,857 SF
Lot Size: 0.49 Acres
APN / Parcel ID: 434-21-017
Property Description
Retail Center on Highly Traveled Almaden Road. Long-Term Tenants with Hard-to-Move Improvements. High population area New Construction – Built 1990 Low Average Rents ($1.53 psf)
Parties to Transaction | ||||
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Seller: |
KUAN TA-LI TRUST
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Buyer: |
FELLER, L S
265 Montgomery St San Francisco, CA
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Broker: |
Meacham/Oppenheimer Inc.
Listing Manager
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Financing Comments | ||||
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Cash Sale
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