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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
Property Type(s):
Commercial
| Last Updated | 4/1/2025 | Year Built | 2007 |
|---|---|---|---|
| Community | Not Defined | County | Santa Clara |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Not Defined |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 8568 sq ft |
| TAXES | 0 |
| WATER | Public |
| ZONING | A(PD) |
Location
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Listed with Compass
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