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FOR SALE 1475 SARATOGA AVENUE SAN JOSE, CALIFORNIA CBRE | Silicon Valley Investment Properties Group | 225 W. Santa Clara Street, 10th Floor | San Jose, CA 95113 | T 408 453 7400 FOR MORE INFORMATION, PLEASE CONTACT: Scott Prosser, SIOR Senior Vice President Lic.01104754 T 408 453 7454 [email protected] Burke Weismann Senior Vice President Lic. 00599273 T 408 453 7492 [email protected] Jack DePuy Associate Lic. 01796176 T 408 453 7461 [email protected] MULTI-TENANT OFFICE BUILDING OWNER/USER OR INVESTMENT OPPORTUNITY

Transcript of 1475 SARATOGA AVENUE · N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd Page | 3...

Page 1: 1475 SARATOGA AVENUE · N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd Page | 3 enue ad H a m i l t o n Ave n u e L a w r e n c e E x p r e s s w a y W e s t C

FOR

SALE1475 SARATOGA AVENUE

SAN JOSE, CALIFORNIA

CBRE | Silicon Valley Investment Properties Group | 225 W. Santa Clara Street, 10th Floor | San Jose, CA 95113 | T 408 453 7400

FOR MORE INFORMATION, PLEASE CONTACT:

Scott Prosser, SIOR Senior Vice President Lic.01104754T 408 453 7454 [email protected]

Burke WeismannSenior Vice President Lic. 00599273T 408 453 [email protected]

Jack DePuyAssociate Lic. 01796176T 408 453 [email protected]

MULTI-TENANT OFFICE BUILDINGOWNER/USER OR INVESTMENT OPPORTUNITY

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© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd

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De La

Cru

z B

lvd

Lafa

yett

e St

S I TE

Address: 1475 sArAtogA Avenue

City: sAn Jose

County: sAntA ClArA

PArCel number: 381-31-051

net rentAble AreA: 19,160

lAnd ACres [1]: 0.23

yeAr built: 1985

number of buildings: 1

floors: 2

PArking rAtio[2]: 3.6/1,000 (68 sPACes)

Current Zoning: A-Pd (offiCe/bAnk/CliniC)

sAn Jose generAl PlAn Zoning: Co Pd (generAl CommeriCAl)

fAr: 1.91

totAl number of suites: 18

Common AreA: 2,070

[1] Actual Parcel Size, total project is four buildings on a 1.75 acre parcel[2] Based on pro rata share of parking space per building SF

CBRE, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 1475 Saratoga Avenue, comprised of a two-story, ±19,160 square foot Office building. Built in 1985, with recently updated common areas and restrooms, the Property is situated in a campus like setting and is a part of a four building complex. The Property has a total of 18 individual suites ranging in size from ±250 square feet to ±4,700 square feet. The current occupancy is above 90% with all but three of the tenants on month to month leases, making it an attractive opportunity for both owner/users and investors.

The Property is located along Saratoga Avenue in San Jose and provides direct access to Interstate 280 and Highway 85. It is surrounded by numerous retail amenities and is situated in one of Silicon Valley’s most sought after locations due to strong demographics and ease of access to many of the region’s major thoroughfares.

FOR SALE1475 SARATOGA AVENUE

Page 3: 1475 SARATOGA AVENUE · N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd Page | 3 enue ad H a m i l t o n Ave n u e L a w r e n c e E x p r e s s w a y W e s t C

© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd

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Sara

toga

Ave

nue

Prospect Road

Hamilton AvenueLawre

nce

Expre

sswa

y

West Campbell Avenue

Westgate West

RETAILTrader Joe’sCVSOrchard Hardware SupplySmart & FinalEthan Allen

RESTAURANTBoston MarketDickey’s BBQQuiznosTaco Bell

SERVICESFedEx Office

AAA Branch

1

El Paseo De Saratoga

RETAILREIPetcoOffice MaxUltraLuckysEntertainment

BANKCiti Bank Wells FargoChase Bank

RESTAURANTMimi’s CafeRed RobinPizza My Heart Panda ExpressThe Melt

COFFEEPeet’s Coffee

2

Westgate Center

RETAILTargetWalmartAny MountainRossMichaelsNordstrom RackOld Navy

RESTAURANTBuffalowild WingsChevy’s Fresh Mexican Fish’s WildSubway

COFFEEStarbucks

3WESTGATE WEST

WESTGATE CENTER

EL PASEO DE SARATOGA

2

1

3

S I TE

FOR SALE1475 SARATOGA AVENUE

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© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd

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SARATOGA AVENUE

FOR SALE1475 SARATOGA AVENUE

Page 5: 1475 SARATOGA AVENUE · N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd Page | 3 enue ad H a m i l t o n Ave n u e L a w r e n c e E x p r e s s w a y W e s t C

CBRE | Silicon Valley Investment Properties Group | 225 W. Santa Clara Street, 10th Floor | San Jose, CA 95113 | T 408 453 7400

FOR MORE INFORMATION ON THE TENANTS AND LEASE PLEASE CONTACT:

Scott Prosser, SIOR Senior Vice President Lic.01104754T 408 453 7454 [email protected]

Burke WeismannSenior Vice President Lic. 00599273T 408 453 [email protected]

Jack DePuyAssociate Lic. 01796176T 408 453 [email protected]

1475 SARATOGA AVENUE SAN JOSE, CALIFORNIA

© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. N:\Team-Marketing\1475 Saratoga Avenue\1475SaratogaAve_OM_V01.indd

CBRE, Inc. | 225 West Santa Clara Street , 10th Floor, San Jose, CA 95113 | www.cbre.com/si l iconval ley

PLEASE DO NOT DISTURB TENANTS