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    1130 Foxworthy Ave San Jose, CA 95118

    For Sale
    $13,760,000

    NNN leased Walgreens with 13 years of primary term.

    Property size:
    14,852 SF
    Lot size:
    1.26 Acres

    Property Features for 1130 Foxworthy Ave

    General Information

    Size
    14,852 SF
    Lot size
    1.26 Acres

    Source: Meridian Commercial Agent Samuel Ko

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Walgreens NNN Lease Investment Opportunity

    This property features a single-tenant net-leased Walgreens, constructed in 2012, with a drive-thru pharmacy. The lease is structured as NNN, with the tenant responsible for all taxes, insurance, and maintenance, excluding roof and structure. The property is located in San Jose, CA. The lease has approximately 13 years of primary term remaining, with options to extend to a total of 75 years. The tenant has an investment grade credit rating of "BBB" by S&P. The property size is 14,852 square feet. The lease includes 10% rental increases every 10 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor FedEx OnSite Mailing Service Walgreens Drug Store Walgreens Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Yakult USA Inc, ConstellationNailsArt, CVS, CVS Pharmacy, Pavan Patel

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8805668
    Latitude
    37.2773331

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens with 13 years of primary term.
    Where is this drug store located?
    The property is located at 1130 Foxworthy Ave San Jose, CA.
    What is the asking price?
    The asking price for this property is $13,760,000.
    What are key features of this property?
    This property features: - STNL Walgreens with investment grade credit tenant rated “BBB” by S&P; - **13 years of primary lease term remaining** with a total 75 year lease; - NNN lease - tenant responsible for all taxes, insurance, and maintenance (excluding roof and structure)
    (415) 259-9642
    Request Owner's contact information
    1130 Foxworthy Ave San Jose, CA 95118
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    San Jose, CA 95118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1130 Foxworthy Ave San Jose, CA 95118
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