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Shopping Strip

Franklin Retail (Santa Clara - 4-Tenant - 100% Occupied)

1290 Franklin Mall, Santa Clara, CA 95050

Listing Price: $3,998,000

Cap Rate
5.33%
Gross SF
8,320
Rentable SF
8,114
Price/Gross SF
$480.53
Lot Size
0.20 acres
Year Built
1966

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of 1290 Franklin Mall located in Santa Clara, California, situated just blocks from Santa Clara University. The four-tenant retail center is offered to investors fully occupied and providing a steady diversified income stream from various service-oriented tenants. Mountain Mike’s Pizza, Vampire Battle Mansion Tattoo and Piercing, Sam and Roy’s Barber, and Franklin Cleaners all have noteworthy track records of operating at Franklin Mall, catering to their customer base of local residents and university students. Franklin Mall spans just over 8,000 square feet and is made up of four suites with all tenants operating on passive lease structures.

Santa Clara, California is located in the heart of the Silicon Valley, home to almost 4 million residents. Santa Clara has the oldest university in California in Santa Clara University with enrollment over 8,600 students. Santa Clara is also home to the San Francisco 49ers at Levi’s Stadium and California’s Great America Amusement Park, which spans 112 acres and has operated since 1976.

Investment Highlights

  • 100% Occupied Retail Center with Service Oriented Tenant Mix – Pizza, Tattoo, Barber and Cleaners Offer Stable and Diversified Income Stream
  • Franklin Mall Located in High Population Density Market – Over 622,000 Residents Within 5 Miles of Subject Property
  • Passive Management Structure – City of Santa Clara Maintains All Landscaping, Sidewalks and Common Areas within the Development
  • Located Within Blocks of Santa Clara University – 8,600 Students Enrolled
  • Recent Capital Improvements to Building Include New Roof and Upgraded HVAC Units

Exclusively Listed By

Broker of Record

  • Ramon Kochavi

    First Vice President / District Manager

    (650) 391-1700

    License(s) CA: 01329267

    California

Shopping Strip

Franklin Retail (Santa Clara - 4-Tenant - 100% Occupied)

Listing Price: $3,998,000

Cap Rate
5.33%
Gross SF
8,320
Rentable SF
8,114
Price/Gross SF
$480.53
Lot Size
0.20 acres
Year Built
1966

Investment Highlights

  • 100% Occupied Retail Center with Service Oriented Tenant Mix – Pizza, Tattoo, Barber and Cleaners Offer Stable and Diversified Income Stream
  • Franklin Mall Located in High Population Density Market – Over 622,000 Residents Within 5 Miles of Subject Property
  • Passive Management Structure – City of Santa Clara Maintains All Landscaping, Sidewalks and Common Areas within the Development
  • Located Within Blocks of Santa Clara University – 8,600 Students Enrolled
  • Recent Capital Improvements to Building Include New Roof and Upgraded HVAC Units

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of 1290 Franklin Mall located in Santa Clara, California, situated just blocks from Santa Clara University. The four-tenant retail center is offered to investors fully occupied and providing a steady diversified income stream from various service-oriented tenants. Mountain Mike’s Pizza, Vampire Battle Mansion Tattoo and Piercing, Sam and Roy’s Barber, and Franklin Cleaners all have noteworthy track records of operating at Franklin Mall, catering to their customer base of local residents and university students. Franklin Mall spans just over 8,000 square feet and is made up of four suites with all tenants operating on passive lease structures. Santa Clara, California is located in the heart of the Silicon Valley, home to almost 4 million residents. Santa Clara has the oldest university in California in Santa Clara University with enrollment over 8,600 students. Santa Clara is also home to the San Francisco 49ers at Levi’s Stadium and California’s Great America Amusement Park, which spans 112 acres and has operated since 1976.

Exclusively Listed By

Broker of Record

  • Ramon Kochavi

    First Vice President / District Manager

    (650) 391-1700

    License(s): CA: 01329267

    California

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