1729 1St StSan Jose, CA 95112

Property Details for 1729 1St St

Year built

2018

Construction

WOOD

Lot size

2.33 AC

Property size (Sq ft)

590,000 SF

Zone code

C3

Property type

Apartment buildings

APN

230-29-122

APU

23029122

Description

Century Towers, located at 1729 N First St, San Jose, CA 95112, offers exceptional retail space for lease in Santa Clara County. This multi-tenant property boasts a total of 5,467 square feet, currently entirely vacant and ready for immediate occupancy. Three individual spaces are available, ranging in size from a minimum of 1,128 square feet to a maximum contiguous space of 2,786 square feet. This presents a unique opportunity for businesses seeking flexible space options to suit their specific needs. The property's prime location in San Jose offers excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. The building's overall condition and specific features are available upon request. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a significant retail presence in a thriving San Jose market. The property is categorized as commercial retail and is ready for immediate occupancy. Don't miss this chance to establish your business in this highly desirable location. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $253,393,000

  6.5%

  $233,901,000

  7%

  $217,194,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $192,532,000

  Geo Method

  $192,532,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $391,667,000

  Retail / Commercial

  $197,036,000

  Mixed-Use / Specialty

  $193,333,000

  Hospitality / Lodging

  $137,935,000

  Office

  $189,058,000

  Institutional / Educational

  $199,916,000

  Multifamily

  $297,167,000

  Automotive / Energy

  $171,356,000

  Parking / Income-Based Land

  $62,098,100

  Restaurant / Food Service

  $94,148,700

  Healthcare / Senior Housing

  $201,337,000

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3677

Longitude

-121.915

CBSA code

41940

CBSA name

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

Property Tax & Assessments

FAQs

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