Back on market, no fault of owner! Reduced Price!! Ideally situated less than a half mile, 9 min walk, from Light Rail and very close to the south bay BART extension. Large free standing building on a large corner lot in an area being rezoned for high density housing! A great investment opportunity. Current financials reflect a low cap rate, this is due to related party occupying building. Current tenants planning to leave by end of year allowing for cap rate to increase significantly with market rate tenants. Signage and exposure on busy intersection.
Garbage Collection, Communication Wiring
Central Air Conditioning, Multi-Zone
|Contingent (from Active)||–||–|
|Price Reduced (from $8,500,000)||$8,000,000||$500,000 (5.88%)|
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