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FULLY LEASED 7-11 NNN STRIP IN SUNNYVALE 615-621 Old San Francisco Rd

4,800 SF 100% Leased Retail Building Sunnyvale, CA 94086 $4,285,000 ($893/SF) 5.25% Cap Rate

INVESTMENT HIGHLIGHTS

  • Rare Fully Leased NNN Investment Opportunity in Core Silicon Valley Market
  • Long-Term Leases with Inflation Protection
  • Recent Facade Upgrade and Remodel
  • 5.25% Cap Rate on Current Net Operating Income
  • Recession Proof Tenants
  • One of the Highest Median Household Income (~$157,000) Area in the Nation

EXECUTIVE SUMMARY

S&T Group of Marcus & Millichap is pleased to bring to market a fully leased 7-11 Strip Center in Sunnyvale, CA. This Offering is an incredible opportunity to acquire a NNN Investment in a core Bay Area market.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1969/2023
Price
$4,285,000
Price Per SF
$893
Cap Rate
5.25%
NOI
$225,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.40 AC
Zoning
C1
Parking
22 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
102 FT on Old San Francisco Rd

AMENITIES

  • Pylon Sign
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

UFC Gym
Armadillo Willy's
Safeway
Sprouts Farmers Market
Chase Bank
Bonchon
Club Pilates
Charles Schwab
KeyPoint Credit Union
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
209-19-019
Land Assessment
$2,346,000
Improvements Assessment
$357,000
Total Assessment
$2,703,000
  • Listing ID: 34630128

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 615-621 Old San Francisco Rd, Sunnyvale, CA 94086

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