Urban-High Street
Franklin Square Retail (Santa Clara)
977 Monroe St, Santa Clara, CA 95050
Listing Price: $3,839,000
Investment Overview
Marcus & Millichap is proud to offer for sale fee simple
ownership of Franklin Square Retail 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 Square Retail, catering to
their customer base of local residents and university students.
Franklin Square Retail 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.
Franklin Square Retail (Santa Clara)
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
- Recent Capital Improvements to Building Include New Roof and New HVAC Units
- Located Within Blocks of Santa Clara University – 8,600 Students Enrolled
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Managing Director, Market Leader - Los Angeles
Listing Price: $3,839,000
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
- Recent Capital Improvements to Building Include New Roof and New HVAC Units
- Located Within Blocks of Santa Clara University – 8,600 Students Enrolled
Investment Overview
Marcus & Millichap is proud to offer for sale fee simple ownership of Franklin Square Retail 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 Square Retail, catering to their customer base of local residents and university students. Franklin Square Retail 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.
Exclusively Listed By
Broker of Record
-
Tony Solomon
Senior Managing Director, Market Leader - Los Angeles
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