Retail

Citibank - San Jose

3510 Leigh Ave, San Jose, CA, 95124-2228, US

Citibank - San Jose_Property for Sale

Gallery

Citibank - San Jose 2_Property for Sale

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 3510 Leigh Avenue (the “Property” or the “Offering”) in San Jose, California. The Property is a single-tenant NNN investment opportunity leased to an investment grade tenant: Citibank, N.A. 3510 Leigh is ideally positioned within a popular neighborhood center featuring Home Depot, Target, TJ Maxx & HomeGoods, and 24 Hour Fitness. The Offering is an extraordinary opportunity to acquire a highly attractive and stable single tenant retail asset in a premier Bay Area market.

Attributes

Building area Net
7,986 sf
Occupancy
100.00%
Year built
1971

Investment highlights

  • Absolute NNN
    • Investment opportunity
  • Investment Grade Tenancy
    • Citibank, N.A. (S&P A+ | Moody's Aa3)
  • Top Performing Citibank Location
    • Ranks in the 95th percentile of US locations by annual visits
  • Adjacent to Highly Trafficked Intersection
    • 48,200 vehicles per day
  • Dense & Affluent Trade Area
    • $205,505 AHI within a 1-mile radius
  • Tenant Pays Below Market Rent
    • With 3 FAIR market options remaining
Citibank - San Jose 4_Property for Sale
Citibank - San Jose 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 7, 2022