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545 Saratoga Ave
Santa Clara, CA 95050

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,347 SF
Building Class
C
Year Built
1974
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,347 SF
Slab To Slab
9’
Building FAR
0.16
Lot Size
0.90 AC
Zoning
0A
Parking
31 Spaces (3.35 Spaces per 1,000 SF Leased)

Amenities

  • Signage

About 545 Saratoga Ave , Santa Clara, CA 95050

This two building medical/dental complex is 86% occupied and is comprised of seven office suites mainly occupied by dentists that have had long term tenancy. Most of the leases are at below market rent and present upside potential. The property has a highly visible location at the southwest corner of busy Saratoga Avenue and Newhall Street in Santa Clara. There are two surface parking lots with a total of 31 parking spaces situated on 0.78 acres. The asset provides the investor an excellent corner location, well maintained medical complex and the opportunity to increase cash flow by bringing rents to market level.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
303-08-082
Land Assessment
$2,122,416
Improvements Assessment
$2,247,264
Total Assessment
$4,369,680
  • Listing ID: 18745473

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 545 Saratoga Ave, Santa Clara, CA 95050

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