Description
The subject property is a multi-tenant strip center located on Saratoga Avenue in Santa Clara. The building consists of +-9,326 SF of improvements and is situated on a parcel totaling +- 21,510 square feet (0.48 acres). Originally constructed around 1960, the property enjoys 100% occupancy to 5 long-term retail tenants along with additional leases to a cellular tower and a storage room. The building is wood framed with stucco siding. The roof is a flat torch-down material with a composition shingle mansard facade. The property has 16 parking spaces in the rear which can be accessed from either Bellomy Street and Saratoga Avenue. Each retail space is separately metered for gas and electricity. The building has two water meters with one being dedicated to Juan's Automotive while the other is shared by Halal Market, Madina's Kabob, Bellomy Market and Bellomy Cleaners. The tenants pay their own gas, electric and garbage and reimburse the owner for water usage.
