For Sale
$9,875,000

175 Bernal RdSan Jose, CA 95119

San Jose, CA Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a portfolio of three adjacent commercial buildings totaling 42,773 net rentable square feet situated on a 2.98-acre lot in San Jose, California. The property, located at the highly visible corner of Santa Teresa Boulevard and Bernal Road, comprises a mix of retail space, including a single-tenant bank building and two multi-tenant office buildings. The buildings offer a combined total building size of 42,773 square feet, with individual building sizes ranging from 4,964 to 20,582 square feet. The property boasts a strong Net Operating Income (NOI) of $760,869.28. Individual lot sizes vary, with the total land encompassing 129,808 square feet. The asking price for this portfolio is $9,875,000. This prime location benefits from high traffic counts due to its placement at a busy signalized intersection, providing excellent visibility and accessibility. The property offers easy access to Highways 101 and 85, enhancing its appeal to a wide range of tenants and investors. This presents a unique opportunity for value-add investors and those seeking 1031 exchange properties. The properties can be sold together or individually, offering flexibility to potential buyers. The Assessor Parcel Numbers (APN) are 706-01-070, 706-01-071, and 706-01-072. The address for the buildings are 175 Bernal Rd, 6980 Santa Teresa Blvd, and 6990 Santa Teresa Blvd, all in San Jose, CA 95119.

Highlights

  • $9,875,000 asking price.
  • 6980 Santa Teresa Blvd, San Jose, CA 95119.
  • Assessor Parcel Number (APN) 706-01-070.
  • 41,382 SF (0.95 acre) lot size.
  • 17,227 SF building size.
  • 175 Bernal Rd, San Jose, CA 95119.

Property Details for 175 Bernal Rd

Property type
Retail properties, Banks
Square Feet
4,964 SF
Buildings
3
Lot Size (sq. ft)
129,809 SF

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.2279613
Longitude
-121.7768424
175 Bernal Rd, San Jose, California

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175 Bernal Rd
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