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521 Charcot Ave
San Jose, CA 95131 Outer North San Jose

$1,944,800 USD

Showroom Condo For Sale  •  5,005 SF

Property Details

  • Property Type Showroom
  • Total Building Size 96,500 SF
  • Lot Size 0.41 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.40 %
  • Tenancy Multiple
  • Zoning M1PD
47 Transit Score
38 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 211 Industrial 5,005 SF $1,944,800 USD
  • Unit Size: 5,005 SF
  • Condo Use: Industrial
  • Price: $1,944,800 USD
  • Sale Type: Investment
  • Price/SF: $388.57 USD
Description
Polished concrete floors, office/reception area, 4 single pole lifts built in, HVAC and sprinkler system in place.

Sale Notes
Leased Investment Property
Strong Tenant, lease has been renewed for an additional 5 yr term, new LED 12/31/2030; annual base rent increases 4%.

Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.

Highlights

Auto Zoned (with certain restrictions)
Dynamic business center with a variety of non-auto related businesses located within the unique facility
Office, retail, auto, and light industrial uses
Safe and secure facility to store and enjoy your vintage and collectible cars (certain restrictions apply)

Property Flyers

Financial Summary

Cap Rate: 6.40 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
College Park (Caltrain - Caltrain (Caltrain)) 8 min - 4.2 mi
Great America (Altamont Corridor Express - Altamont Commuter Express (ACE)) 9 min - 4.3 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 8 min - 3.7 mi
Metro Oakland International 42 min - 33.3 mi
San Francisco International 43 min - 34.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Anna Mcquillan Rose 408-550-4826 Transwestern Commercial Real Estate
Anna Mcquillan Rose 408-550-4826 Transwestern Commercial Real Estate