200 Jose Figueres Ave 280, SAN JOSE, CA

$865,000

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1,356

Square feet

0.20

Acres

About 200 Jose Figueres Ave 280

Perfect for 1031 Exchange: Management-Free Cash Flow! NNN Leased Medical Office Condo Investment. One of the few Audiology clinics in the region offering: Audiology Evaluations and Hearing Aids based on insurance contracts and medical community referrals, Hearing Aid Programming, Fitting and Customization, and Ongoing Care, Maintenance and Cleanings. Excellent in-place income and 5% ANNUAL increases. 11 Years Remaining on NNN lease. Tenant responsible for ALL expenses and maintenance (other than HOA responsibilities, which the tenant also pays the fees for). 6.5% current cap rate, 10.59% cap rate in the final year of the lease. Excellent location for Medical Office. Next to Regional Medical Center. Surrounded by other medical offices. Easy Access to 680, 101, and downtown San Jose

Features of 200 Jose Figueres Ave 280

MLS® # ML82000537
Price $865,000
Square Footage 1,356
Square Footage Assessor
Acres 0.20
Year Built 2007
Type Common Interest
Sub-Type Commercial Property
Status Active

Community Information

Address 200 Jose Figueres Ave 280
Area Alum Rock
City SAN JOSE
County Santa Clara
State CA
Zip Code 95116

Amenities

Utilities Public Utilities
Is Waterfront No

Interior

Heating Central Forced Air Heat
Cooling Central Air Conditioning
Fireplace No

Exterior

Roof Other Roof
Foundation Other Foundation

Additional Information

Zoning A(PD)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentBryan Danforth
OfficeCompass
Contact Info650-274-5227

Listing Map

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