Urban-High Street
Santa Clara Retail Center
1290 Franklin Mall, Santa Clara, CA 95050
Listing Price: $3,875,000
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.
Investment Highlights
- 100% Occupied Retail Center with Service Oriented Tenant Mix – Pizza, Tattoo, Barber and Cleaners Offer Stable and Diversified Income Stream
- 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 New HVAC Units
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager
Financing By
Listing Price: $3,875,000
Investment Highlights
- 100% Occupied Retail Center with Service Oriented Tenant Mix – Pizza, Tattoo, Barber and Cleaners Offer Stable and Diversified Income Stream
- 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 New 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.
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Vice President/District Manager