2760 Homestead RdSanta Clara, CA 95051

Property Details for 2760 Homestead Rd

Year built

1965

Construction

WOOD

Lot size

9.08 AC

Property size (Sq ft)

10,457 SF

Zone code

CN

Property type

Strip malls

Property subtype

Neighborhood centers

APN

294-18-035

APU

29418035

Description

This exceptional retail opportunity presents two available spaces within the thriving Mariposa Shopping Center, totaling 126,658 square feet. Located in Santa Clara County, this center boasts a strong tenant mix, anchored by a Safeway supermarket, and complemented by established national retailers such as Ross Dress for Less and CVS. The property offers high visibility and accessibility within a densely populated trade area, ensuring significant foot traffic. The available spaces range from a minimum of 975 square feet to a maximum contiguous space of 2,267 square feet, providing flexibility for various retail concepts. The center enjoys an impressive annual visitation exceeding 3,104,196, demonstrating its robust draw and potential for success. Its proximity to Kaiser Permanente further enhances its strategic location and accessibility. This is an ideal opportunity for businesses seeking a prime retail location in a high-traffic area with established anchors and a proven track record. Currently, 3,242 square feet are vacant, offering immediate occupancy potential. The center's two suites provide a well-established and successful retail environment. This property is a rare opportunity to secure a space in a highly desirable and productive shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $5,701,251

  6.5%

  $5,262,694

  7%

  $4,886,786

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,349,736

  Geo Method

  $7,349,736

• Alternative Use

  Use

  Valuation

  Residential

  $4,439,279

  Hospitality

  $4,066,356

  Educational

  $3,383,160

  Medical

  $3,499,512

  Retail

  $5,262,694

Location Insight

City

Santa Clara

County

Santa Clara

State

California

Latitude

37.3384

Longitude

-121.974

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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