801-809 Lincoln AveSan Jose, CA 95126
- Retail properties
- 7,825 SF
Property Details for 801-809 Lincoln Ave
- Property size (Sq ft)
- 7,825 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional mixed-use investment property, located at 801-809 Lincoln Avenue in San Jose, California's desirable Willow Glen neighborhood, presents a compelling opportunity. The property encompasses a 7,825 square foot retail building, currently 100% occupied by three tenants under a triple net (NNN) lease. Adding to its appeal are two fully leased residential units, totaling 2,300 square feet. The property boasts a strong net operating income (NOI) of $253,998.87, translating to a 5.00% capitalization rate at an asking price of $5,080,000. Situated on Lincoln Avenue, a key thoroughfare leading into Willow Glen, the property benefits from its proximity to a vibrant array of restaurants, shops, and offices. Its convenient access to State Highways 280 and 87 further enhances its desirability. The property's location on the edge of both Willow Glen and downtown San Jose offers significant potential for future redevelopment, making it a truly unique investment opportunity in today's market. The property's zip code is 95126, and it is located in Santa Clara County.
Location Insight
- City
- San Jose
- County
- Santa Clara
- State
- California
- Latitude
- 37.3148
- Longitude
- -121.906
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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