Freestanding For Sale • 14,852 SF
| Exceptional Bay Area Yield: highly attractive return profile for Silicon Valley real estate |
| Corporate Tenant: backed by a corporate master lease with Walgreens running through August 2037 |
| Secured & Active Cash Flow: additional layer of security from an operating business with an under-market sublease |
| This asset successfully navigated Walgreens’ recent portfolio restructuring. After vacating the space last year, Walgreens opted to execute a sublease |
| Strategically positioned in San Jose, one of the most supply-constrained and highly sought-after commercial real estate markets in the United States |
| Cap Rate: | 7.80 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 6 min | - | 3.2 mi | |
| 7 min | - | 3.9 mi | |
| Airport | Drive | Walk | Distance |
| Norman Y Mineta San Jose International | 13 min | - | 7.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 117 |
| Type: | Surface |
| Included in Rent: | Yes |