200 Jose Figueres Avenue, #280, San Jose, CA 95116
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Listed Price :
$932,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
2007
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
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
Central Air |
Heating Type |
Central |
Listing Information
Address |
200 Jose Figueres Avenue, #280 |
City |
San Jose |
State |
CA |
Zip |
95116 |
County |
Santa Clara |
Listing Agent |
Bryan Danforth DRE #01789680 |
Co-Listing Agent |
Matthew Thomson DRE #01471708 |
Courtesy Of |
Compass |
List Price |
$932,000 |
Status |
Active |
Type |
Commercial |
Structure Size |
N/A |
Lot Size |
8,568 |
Year Built |
2007 |
Listing information courtesy of: Bryan Danforth, Matthew Thomson, Compass. *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.