Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
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Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
Rare 20,160 SF Multi-Tenant Industrial Investment
INDUSTRIAL

Rare 20,160 SF Multi-Tenant Industrial Investment

1190 Norman Ave, Santa Clara, CA 95054

$7,950,000

PROPERTY FACTS

Sales Price: $7,950,000
Status: For Sale
Cap Rate: 6.91%
Building Size: 20,160 SF
Lot Size: 1.04 AC
Property Type: Industrial
Year Built: 1969

INVESTMENT HIGHLIGHTS

  • 20,160 SF Multi-Tenant Industrial NNN Leased Investment
  • 20 Units Ranging from 720 SF – 2,880 SF with their Own Roll Up Doors
  • 75% Leased to a Mix of Automotive & Industrial Uses
  • 4 Vacant Units (5,040 SF) –  Seller to Guarantee Rent for 6 Months @ $2.50 SF NNN
  • Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101
  • Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease

EXECUTIVE SUMMARY

- Rare 20,160 SF Multi-Tenant Industrial NNN Leased Investment Opportunity

- 20,160 SF Multi-Tenant Industrial Building on a 1.04 Acre Lot

- 20 Units Ranging from 720 SF – 2,880 SF with their Own Roll Up Doors.

- 75% Leased to a Mix of Automotive & Industrial Uses. 

- 4 Vacant Units (5,040 SF) –  Seller to Guarantee Rent for 6 Months @ $2.50 SF NNN

- Located on Norman Avenue, Minutes from Montague Expressway, Lafayette Street, San Tomas Expressway, & Highway 101.

- New Roof in 2024

- Rare Very Desirable Units Which are Very Easy to Release due to the Lack of Small Industrial Units on the Market for Lease,  Under 3% Vacancy Rate in the Last 10 Years for Auto Repair.

- Mix of Automotive & Industrial Tenants Such as Auto Repair, Sign Company, Auto Detailing Companies, Car Wraps, and Warehouse Storage.

- Scarce Amount of Industrial/Auto Repair Product in Santa Clara County For Lease.

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David Taxin

David Taxin

Jeremy Awdisho

Jeremy Awdisho

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