2664 Berryessa Rd, San Jose, CA 95132

$12,350,000
List Price
$12,350,000
MLS#
ML81733338
Status
ACTIVE
Lot Size
99,562
Listing Area
Berryessa
Year Built
1979

Property Description

Berryessa Professional Center is a multi-tenant medical/dental building with 24 suites and is primarily occupied by dental practices. This offering provides the investor an opportunity to substantially increase the property income by leasing up vacant space and moving contract rents to market. Owner has recently invested more than $750,000 in capital improvements, including replacing the roof, installing new HVAC units, rebuilding all decks, railings, and exterior stairways, installing new compressor and vacuum systems, and much more. Most tenants are dental practices that have occupied the property on a long-term basis. More than 213,000 people live within three miles of the property, providing a large prospective client base for tenants. The property is less than one-half mile from an interchange with Interstate 680 and more than 25,000 vehicles pass the site each day on Berryessa Road.

Additional Information

Acres
2.2856
Age
39
Building Name
Berryessa Professional Center
Cooling System
Central AC, Central Forced Air - Gas, Multi-Zone
Floor Covering
Carpet, Stone, Tile
Foundation
Concrete Perimeter and Slab
Garage Parking
Common Parking Area, Off-Street Parking
Heating System
Central Forced Air
Lot Size
99,562
Neighborhood
Berryessa
Other Utilities
Garbage Collection, Public Utilities
Present Use
Medical/Dental
Roof
Polyurethane
Sewer
Sewer - Public
Special Features
Elevator / Lift, Parking
Stories
2
Zoning
CO, Commercial Office

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kirk Trammell from Marcus & Millichap

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