200 Jose Figueres Avenue, #280, San Jose, CA 95116

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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.