88 San Carlos StSan Jose, CA 95112

Property Details for 88 San Carlos St

Year built

2021

Lot size

1.46 AC

Property size (Sq ft)

557,448 SF

Zone code

DC

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

467-46-111

APU

46746111

Description

This exceptional retail property, located at 88 E San Carlos St in San Jose, California, offers 14,800 square feet of prime commercial space. Currently, 11,640 square feet is available for lease, divided into seven individual suites. The property is situated in Santa Clara County, zip code 95112, and provides flexible leasing options. Individual suites range in size from a minimum of 567 square feet to a maximum contiguous space of 3,870 square feet, catering to a variety of business needs. This makes it ideal for both smaller businesses seeking a manageable footprint and larger enterprises requiring more expansive space. The multiple tenancy structure allows for a diverse tenant mix, creating a vibrant and dynamic commercial environment. The property's strategic location in San Jose offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. This is a rare opportunity to secure prime retail space in a thriving California market. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $211,726,000

  6.5%

  $195,439,376

  7%

  $181,479,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $240,990,624

  Geo Method

  $240,990,624

• Alternative Use

  Use

  Valuation

  Residential

  $195,439,376

  Hospitality

  $179,021,424

  Educational

  $148,943,712

  Medical

  $154,066,128

  Retail

  $231,690,224

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3319

Longitude

-121.885

CBSA code

41940

CBSA name

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

Property Tax & Assessments

FAQs

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