1492 Almaden Road, San Jose, CA 95125; Sold Retail Property; 9/10 in Santa Clara County

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

9

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
Seller:
KUAN TA-LI TRUST

 

Buyer:
FELLER, L S
265 Montgomery St San Francisco, CA
Broker:
Meacham/Oppenheimer Inc.
Listing Manager
Financing Comments
Cash Sale