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41 Serra Way
Milpitas, CA 95035 Midtown Milpitas

$11,988,000 USD

Storefront Retail Office For Sale  •  18,164 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 18,164 SF
  • Lot Size 1.98 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 2.65 %
  • Tenancy Multiple
  • Zoning C2
41 Transit Score
86 Walk Score

Highlights

Two-story mixed-use building: ground floor retail, second floor professional / office / medical suites
Convenient access to I-880 and Montague Expressway (Hwy 237)
Ample storefront signage visibility at signalized intersection of Serra Way & South Abel Street
Recent ADA upgrades to parking lot & path of travel

Financial Summary (Actual)

Net Operating Income: $337,654 USD (2024)
Cap Rate: 2.65 %
Total Expenses: $521,290 USD

Major Tenants

Tenant SF Occupied Lease End Date
Asian Kitchen
Biryani 'n' Tadka
Bleu De Beaute
Daruma Dojo 12/30/2029
Dr Sxuan
Eye Vue Optometry
Hub 61 The Indian Bistro
L & J LLC
N M

Amenities

  • 24 Hour Access
  • Atrium
  • Bus Line
  • Corner Lot
  • Courtyard
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Recessed Lighting
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Great America (Altamont Corridor Express - Altamont Commuter Express (ACE)) 8 min - 5.2 mi
College Park (Caltrain - Caltrain (Caltrain)) 12 min - 7.2 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 12 min - 6.3 mi
Metro Oakland International 38 min - 29.6 mi
San Francisco International 42 min - 33.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Guy Fong 415-467-1818 Citistar Inc
Guy Fong 415-467-1818 Citistar Inc