Perfect for 1031 Exchange: Management-Free Cash Flow! NNN Leased Medical Office Condo Investment. One of the few Audiology clinics in the region offering: Audiology Evaluations and Hearing Aids based on insurance contracts and medical community referrals, Hearing Aid Programming, Fitting and Customization, and Ongoing Care, Maintenance and Cleanings. Excellent in-place income and 5% ANNUAL increases. 11 Years Remaining on NNN lease. Tenant responsible for ALL expenses and maintenance (other than HOA responsibilities, which the tenant also pays the fees for). 6.5% current cap rate, 10.59% cap rate in the final year of the lease. Excellent location for Medical Office. Next to Regional Medical Center. Surrounded by other medical offices. Easy Access to 680, 101, and downtown San Jose
The income description goes here to explain
List Price | $932,000 |
Property Type | Other |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 2007 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 48180016 |
MLS # | ML82000537 |
Property ID | 321409140 |
Lot Sqft | 8,568 |
Zoning | A(PD) |
Days on Market | 110 |
Original List Price | $932,000 |
Date Updated | July 05, 2025 |
Date Created | April 01, 2025 |
Financials not available online. Please inquire with your agent for more details.
Bryan Danforth an agent of Compass. Lic #01789680
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT