2699 Union AveSan Jose, CA 95124

Property Details for 2699 Union Ave

Year built

2013

Lot size

1.20 AC

Property size (Sq ft)

9,363 SF

Zone code

CN(PD

Property type

Office buildings

APN

412-22-053

APU

41222053

Description

This exceptional retail property, located at 2699 Union Ave in San Jose, California, offers 11,722 square feet of versatile commercial space currently available for lease. The property is situated in Santa Clara County, zip code 95124, and comprises four individual suites, providing flexibility for various business needs. Each suite offers a minimum of 1,348 square feet, with a maximum contiguous space of 4,134 square feet. The entire 11,722 square foot building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. This prime location on Union Avenue offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's multiple suite configuration allows for customization and adaptability to suit diverse business requirements. With its strategic location in San Jose's thriving commercial district, this property presents a compelling investment opportunity for businesses seeking a high-traffic, easily accessible location. The property is categorized as a multi-tenant retail space, offering a range of sizes to accommodate different business needs and scales. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is 2699 Union Ave, San Jose, CA 95124.

• CAP approach

  CAP return

  Valuation

  6%

  $2,928,542

  6.5%

  $2,703,270

  7%

  $2,510,179

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,611,434

  Geo Method

  $2,611,434

• Alternative Use

  Use

  Valuation

  Residential

  $3,352,054

  Hospitality

  $3,070,464

  Educational

  $2,554,590

  Medical

  $2,642,446

  Retail

  $3,973,806

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.273

Longitude

-121.934

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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