Auto Service - Gas-Conv

Chevron C-Store & Gas | San Jose - Prime Silicon Valley Location w/ Robust Demo's | Abs. Net Lease

623 S Winchester Blvd, San Jose, CA 95128

Listing Price: $4,395,600

Cap Rate
5.00%
Tenant Name
Chevron
Years Remaining On Lease
4.4
Gross SF
1,060
Guarantor
Corporate Guarantee
Rentable SF
1,060
Price/Gross SF
$4,146.79
Lease Type
Absolute Net
Rent Per Square Feet
$207.34

Investment Overview

San Jose is the cultural, financial, and political center of Silicon Valley and the largest city in Northern California, by both population and area. With an estimated 2019 population of 1,021,795, it is the third-most populous city in California (after Los Angeles and San Diego) and the tenth-most populous in the United States. Located in the center of the Santa Clara Valley, on the southern shore of San Francisco Bay, San Jose covers an area of 179.97 square miles. San Jose is the county seat of Santa Clara County, the most affluent county in California and one of the most affluent counties in the United States. San Jose is the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around 2 million residents in 2018. It is also the most populous city in both the San Francisco Bay Area and the San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 8.7 million people respectively. San Jose is notable as a center of innovation, for its affluence, Mediterranean climate, and extremely high cost of living. Its location within the booming high tech industry as a cultural, political, and economic center has earned the city the nickname “Capital of Silicon Valley”. San Jose is one of the wealthiest major cities in the United States and the world, and has the third-highest GDP per capita in the world. The San Jose Metropolitan Area has the most millionaires and the most billionaires in the United States per capita.

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. This Site Features Gas Station and Convenience Store.
  • This Location features an ExtraMile Convenience Store: Offers a wide range of Products, including Packaged Snacks, Hot Food Items, Cold Beverages, and freshly brewed Seattle's Best Coffee.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility at a Signalized Hard Corner with Daily Combined Traffic Counts of 72k+ Vehicles.
  • Less than a Mile from Santa Clara Valley Medical Center - Includes a 574-Bed Public Hospital, 8 Primary Care Clinics and 3 Specialty Care Clinics - Currently has over 5k Full-Time Employees.
  • Apple Park, Apple's New 175-Acre Corporate Headquarters / Campus is just Minutes away from the Property (Opened in 2017) - It Currently Houses more than 12,000 Employees.
  • Prime Silicon Valley Location with Robust Demographics - Densely Populated and Affluent Area: Features an Average Household Income of $150k+ within a 1-Mile Radius and more than 603k People Residing within a 5-Mile Radius.
  • Near Westfield Valley Fair - An upscale Shopping Mall featuring more than 273 Stores. Is one of the Largest Malls in the United States and has the Highest-Sales Volume in California.
  • Adjacent to Santana Row - A Luxury Residential and Commercial District with a vibrant Mix of over 50 Shops, 30 Restaurants, CineArts Movie Theatre, and the boutique Hotel Valencia.

Exclusively Listed By

Auto Service - Gas-Conv

Chevron C-Store & Gas | San Jose - Prime Silicon Valley Location w/ Robust Demo's | Abs. Net Lease

Listing Price: $4,395,600

Cap Rate
5.00%
Tenant Name
Chevron
Years Remaining On Lease
4.4
Gross SF
1,060
Guarantor
Corporate Guarantee
Rentable SF
1,060
Price/Gross SF
$4,146.79
Lease Type
Absolute Net
Rent Per Square Feet
$207.34

Investment Highlights

  • Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. This Site Features Gas Station and Convenience Store.
  • This Location features an ExtraMile Convenience Store: Offers a wide range of Products, including Packaged Snacks, Hot Food Items, Cold Beverages, and freshly brewed Seattle's Best Coffee.
  • Positioned Along Area's Major Traffic & Retail Corridor. Features Easy Access & Excellent Visibility at a Signalized Hard Corner with Daily Combined Traffic Counts of 72k+ Vehicles.
  • Less than a Mile from Santa Clara Valley Medical Center - Includes a 574-Bed Public Hospital, 8 Primary Care Clinics and 3 Specialty Care Clinics - Currently has over 5k Full-Time Employees.
  • Apple Park, Apple's New 175-Acre Corporate Headquarters / Campus is just Minutes away from the Property (Opened in 2017) - It Currently Houses more than 12,000 Employees.
  • Prime Silicon Valley Location with Robust Demographics - Densely Populated and Affluent Area: Features an Average Household Income of $150k+ within a 1-Mile Radius and more than 603k People Residing within a 5-Mile Radius.
  • Near Westfield Valley Fair - An upscale Shopping Mall featuring more than 273 Stores. Is one of the Largest Malls in the United States and has the Highest-Sales Volume in California.
  • Adjacent to Santana Row - A Luxury Residential and Commercial District with a vibrant Mix of over 50 Shops, 30 Restaurants, CineArts Movie Theatre, and the boutique Hotel Valencia.

Investment Overview

San Jose is the cultural, financial, and political center of Silicon Valley and the largest city in Northern California, by both population and area. With an estimated 2019 population of 1,021,795, it is the third-most populous city in California (after Los Angeles and San Diego) and the tenth-most populous in the United States. Located in the center of the Santa Clara Valley, on the southern shore of San Francisco Bay, San Jose covers an area of 179.97 square miles. San Jose is the county seat of Santa Clara County, the most affluent county in California and one of the most affluent counties in the United States. San Jose is the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around 2 million residents in 2018. It is also the most populous city in both the San Francisco Bay Area and the San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 8.7 million people respectively. San Jose is notable as a center of innovation, for its affluence, Mediterranean climate, and extremely high cost of living. Its location within the booming high tech industry as a cultural, political, and economic center has earned the city the nickname “Capital of Silicon Valley”. San Jose is one of the wealthiest major cities in the United States and the world, and has the third-highest GDP per capita in the world. The San Jose Metropolitan Area has the most millionaires and the most billionaires in the United States per capita.

Exclusively Listed By

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