2400 Monterey HwySan Jose, CA 95111

This exceptional multi-tenant retail property, located at 2400 Monterey Highway in San Jose, California, presents a compelling investment opportunity. The 5,000 square foot complex sits on a highly visible 0.62-acre corner lot, boasting a 4.65% cap rate and a strong net operating income (NOI) of $209,099. Currently 100% occupied by four tenants—a restaurant, an auto shop, a taco truck spot, and a billboard—the property benefits from a newly paved parking lot and a convenient location near major freeways (Hwy 280, Hwy 87, and Hwy 101), the Santa Clara County Fairgrounds, and numerous other retail establishments including McDonald's, Target, and more. Built in 1960 and extensively renovated in 2022, the property comprises two buildings with a permitted CIC zoning. The property features a high traffic count of over 35,000 ADT. Tenants are responsible for their utilities, while the landlord covers property insurance and taxes. Seller financing is available. The asking price is $4,500,000, translating to $900 per square foot. This prime location, strong tenancy, and attractive financial metrics make this a truly remarkable investment opportunity. The property's address is 2400 Monterey Hwy, San Jose, CA 95111, APN 497-38-018.