Sold

2664 Berryessa RD

SAN JOSE CA, 95132

$11,650,000


$346.73 per sqft

Sold

33,600 sqft

Commercial

Built in 1979

Listed by Marcus & Millichap, Kirk Trammell, Listing Contact: 6503911700

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.

ML81733338

MLS ID

April 3, 2019

Listed

March 9, 2024

Updated

Map

2664 Berryessa RD
SAN JOSE CA, 95132

Interior Features

Total Stories

2


Interior Features

Elevator


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

2.29 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Berryessa


Garage

No


Parking

Off Street


Parking Total

95


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

CO, Commercial Office


Buyer Agency Compensation

1.5%

Listed by Marcus & Millichap, Kirk Trammell,
Listing Contact: 6503911700 

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Data last updated 9:47 PM UTC, 3/9/2024

 

 

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