Office Medical

McKendrie Medical Office

1132 McKendrie St, San Jose, CA 95126

Listing Price: $1,200,000

Cap Rate
4.80%
Gross SF
2,416
Rentable SF
2,416
Price/Gross SF
$496.69
Occupancy
100.0%
Year Built
1946
Lot Size
0.13 acres

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 1132 McKendrie St in San Jose. McKendrie Medical Office is a 2,416 SF fully occupied facility that boasts 13 tenants. This offering provides a fantastic investment opportunity to add to your portfolio or can be reconfigured for an owner looking to run their business out of the property. Mckendrie Medical Office sits in the heart of the historic Alameda District and borders the 880 freeway. McKendrie Medical Office is demised into 4 upstairs units and three downstairs with a common area kitchenette for the occupants. This building provides a favorable location for its current tenants and with recent developers in the area capitalizing on favorable zoning laws could lend itself to future development. This offering provides a unique investment opportunity for an investor looking to add to their portfolio as well as a user that wants to take over part or all of the space.

Investment Highlights

  • All 13 tenants on month to month leases
  • Close proximity to major Universities and multiple schools
  • Located in the cross section of the 880 Freeway and The Alameda District
  • Diridon Transit Station is within 1 1/2 miles
  • Bathrooms are located on both floors of office space
  • Fully serviced kitchenette on the base floor with easy access for all tenants

Exclusively Listed By

Office Medical

McKendrie Medical Office

Listing Price: $1,200,000

Cap Rate
4.80%
Gross SF
2,416
Rentable SF
2,416
Price/Gross SF
$496.69
Occupancy
100.0%
Year Built
1946
Lot Size
0.13 acres

Investment Highlights

  • All 13 tenants on month to month leases
  • Close proximity to major Universities and multiple schools
  • Located in the cross section of the 880 Freeway and The Alameda District
  • Diridon Transit Station is within 1 1/2 miles
  • Bathrooms are located on both floors of office space
  • Fully serviced kitchenette on the base floor with easy access for all tenants

Investment Overview

The Ida Group of Marcus & Millichap is pleased to present the opportunity to acquire 1132 McKendrie St in San Jose. McKendrie Medical Office is a 2,416 SF fully occupied facility that boasts 13 tenants. This offering provides a fantastic investment opportunity to add to your portfolio or can be reconfigured for an owner looking to run their business out of the property. Mckendrie Medical Office sits in the heart of the historic Alameda District and borders the 880 freeway. McKendrie Medical Office is demised into 4 upstairs units and three downstairs with a common area kitchenette for the occupants. This building provides a favorable location for its current tenants and with recent developers in the area capitalizing on favorable zoning laws could lend itself to future development. This offering provides a unique investment opportunity for an investor looking to add to their portfolio as well as a user that wants to take over part or all of the space.

Exclusively Listed By

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