521 Charcot Ave, San Jose, CA
For Sale 5,005 RSF Commercial Leased Investment- Long term credit Tenant!
Marketing description
Club Auto Sport- SV Condominium Association is prime real estate in the heart of the Silicon Valley. Dynamic business center with a variety of non-auto related businesses located within the unique facility and a chic club for auto enthusiasts. Office, retail, auto and light industrial uses. Safe and secure facility to store and enjoy your vintage and collectible cars (certain restrictions apply).
Good opportunity if you are looking to do a 1031 Exchange!
Strong Tenant, lease has been renewed for an additional 5-year term 12/31/2030.
Tenant pays own utilities, property taxes and Association dues for owner. Any increase in Association dues/property taxes are borne by Tenant.
Investment highlights
Strong credit Tenant
Lease term through 5/2026
Tenant pays Owner’s Association dues and property taxes
Club Auto Sport is prime real estate in the heart of Silicon Valley
Dynamic business center with a variety of non-auto related businesses located within the unique facility and a chic club for auto enthusiasts
20” clear height ceilings throughout
10,000 SF clubhouse/showroom
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