$77.5 Million Non-Performing Office Loan
US - Washington, DC
$77,500,000 | 306,859 sf
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 1141 W San Carlos Street (the “Property”), an irreplaceable opportunity located in direct proximity to Diridon Caltrain (and future BART) station totaling 1.29 acres.
The 56,070 square foot, block-long configuration site contains several structures, including retail, industrial, and single-family residential. Located minutes from Downtown San Jose, the Property is currently leased, providing in place cash flow in the interim of future redevelopment.
Offering existing cash flow and the prospect of future development for a more intensive use, 1141 W San Carlos Street is a compelling investment opportunity.