200 Jose Figueres Avenue, #280

San Jose, CA 95116

$932,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

2007

calendar_month Built

Property Description

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

Listing Information

List Price $932,000
Status Active
MLS ML82000537
HOA $0
Type Commercial
Year Built 2007
Lot Size 8,568
Structure Size N/A
Courtesy Of Compass
Listing Agent Bryan Danforth DRE#01789680
Co-Listing Agent Matthew Thomson DRE#01471708

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Central

Maps

home_work Nearby Properties

Listing information courtesy of: Bryan Danforth, Matthew Thomson, Compass 650-274-5227. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 2nd, 2025 at 2:22 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.