200 Jose Figueres Avenue, #280
San Jose, CA 95116
Active for $932,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 8,568 sqft
| MLS | ML82000537 |
| Year Built | 2007 |
| Property Type | |
| County | Santa Clara |
| Status | Active |
| Active | $932,000 |
| Structure Size | N/A sqft |
| Lot Size | 8,568 sqft |
| Beds | N/A |
| Baths |
Description
Perfect for 1031 Exchange: Management-Free Cash Flow! NNN Leased Medical Office Condo Investment. One of the few Audiology clinics in the region offering: Audiology Evaluations and Hearing Aids based on insurance contracts and medical community referrals, Hearing Aid Programming, Fitting and Customization, and Ongoing Care, Maintenance and Cleanings. Excellent in-place income and 5% ANNUAL increases. 11 Years Remaining on NNN lease. Tenant responsible for ALL expenses and maintenance (other than HOA responsibilities, which the tenant also pays the fees for). 6.5% current cap rate, 10.59% cap rate in the final year of the lease. Excellent location for Medical Office. Next to Regional Medical Center. Surrounded by other medical offices. Easy Access to 680, 101, and downtown San Jose
Listing information courtesy of: Bryan Danforth, Compass 650-274-5227. *Based on information from the Association of REALTORS/Multiple Listing as of 04/03/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Stella Aklian
REALTOR®
Direct: 424.444.8877
Email: Email Me
DRE: 02238745
DRE #01873088
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