Trader Joe's / Wells Fargo / Starbucks in the Heart of Silicon Valley

7250-7290 Bollinger Rd,San Jose, CA San Jose, CA 95129

Medium_full
Bollinger Center Aerial 1
Thumb_full Thumb_full Thumb_full
FOR SALE
Property Type:
Neighborhood Center
Amount:
$7,950,000
Last Verified:
Aug 13, 2017

Highlights

  • - 100% Leased Retail Center
  • - Apple's current and new headquarters, and its 12,000+ employees, are just down the road
  • - Trader Joe's, Wells Fargo, Starbucks, and Popeyes Chicken Leasehold Interest
  • - Hard corner location with approximately 54,585 vehicles per day
  • - Blocks from Interstate 280 and Highway 85 less than 1/2 Mile
  • - Across from The Home Depot
  • - Leasehold Interest: 40 Years Remaining

Description

The subject property offers investors the opportunity to purchase the leasehold interest in a 100% leased, grocery-anchored retail center in a high-visibility location in one of the top 10 markets in the U.S.--San Jose. San Jose/Santa Clara is the epicenter of Silicon Valley and home to an affluent population with demand exceeding housing supply and rents well above the national average.

The property enjoys an urban infill location near the city's border with Cupertino, less than 5 minutes from Apple's existing headquarters at 1 Infiniti Loop, and its new headquarters at 1 Apple Park Way, Cupertino, CA 95014, is less than 10 min away. The quality of the location is reflected in the tenant mix which includes Trader Joe's, Wells Fargo, Starbucks, and Popeye's, all national companies.

Also within close proximity of the property are De Anza Community College and the City of Cupertino Libary.

The property is easily accessible via Interstate 280 and State Highway 85, both within a half mile of the property.

The property is located at 7250-7290 Bollinger Road at South De Anza Boulevard in San Jose, California.

The retail center sits in the heavily-trafficked, signalized intersection of South De Anza Boulevard and Bollinger Road approximately one block from the city's border with Cupertino. The corner site is situated directly across the street from The Home Depot on South De Anza, and Bank of the West and Burger King are on pads in front of the home improvement retailer.

Additional tenants at the intersection include Carl's Jr., HSBC Bank, and Taco Bell, as well as numerous other local retailers and restaurants. Two blocks away is McClellan Square, a shopping center anchored by Lucky and CVS Pharmacy.


Year Built: 2008
Building Size: 19804.0sq ft
Lot Size: 1.26 acres

Map of 7250-7290 Bollinger Rd,San Jose, CA, San Jose, CA, 95129

Discussion/Comments

Presented by:
Thumb_155102fd7e

Request additional information
Icon_pic
Office: (818) 528-3999 ext 100
Toll-Free: (888) 805-8188 ext 100


Send a message
Share this Listing

Real Estate Incentives (What is this?)
Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.