Investment Highlights
Multi-tenant shopping center, 100% occupied with NNN leases.
Well-situated in the Silicon Valley area on the highly trafficked Great Monterey Highway.
Value Add Opportunity with below market rents and below replacement costs.
Property qualifies for bonus depreciation and most tenants have annual CPI rent increases.
Executive Summary
Welcome to Edenvale shopping center located ON busy Monterey Hwy, JUST OFF of the Hwy 101 at the Blossom Hill exit. The property features 12 tenants in various commercial businesses including food, services, groceries and more. Features such as annual CPI increases, higher than normal land to price value ratio, long term leases, big upside and much more make this an ideal vehicle for many investors. The current owner invested over $350,000 in property upgrades including exterior paint, roof repairs, plumbing repairs, exterior lighting upgrades, and more in 2023.
