Canyon Creek Shopping Center

Canyon Creek Shopping Center

5601 Silver Creek Valley Road, San Jose, CA, USA

INVESTMENT HIGHLIGHTS

• Offering’s NOI adjusted to post-March 2020 COVID-era collections
• Institutional-quality grocery-anchored neighborhood center
• Core San Francisco Bay Area/Silicon Valley location
• Extremely high trade area incomes and demographics
• Grocery-anchored, delivering daily-needs customer traffic
• Internet-resistant line-up of proven service and restaurant tenants
• High-rent lease renewal of Comerica Bank confirms tenant commitment to the location
• Recent leasing and additional renewals further confirm dependable tenant demand

FINANCIAL SUMMARY
Offering Price: $29,000,000
Projected Year-1 NOI $1,859,725
Cap Rate: 6.41%
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Property Summary

Site Area362,854 SF
Year Built2000, 2018 (Building #4)
GLA (SF)65,048 SF
AnchorNew Season Market
Occupancy94.1%

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