Single-Tenant NNN
For Sale
Contact for pricing
1720 W SAN CARLOS ST, San Jose, CA 95128
Absolute NNN lease assigns operating expenses, taxes, insurance, and maintenance responsibilities to the tenant.
Property Size1,064 SF
Lot Size0.23 Acres
Price / SF$1,475
Days on Market14
Property Features for 1720 W SAN CARLOS ST
General Information
Standard status
Active
Size
1,064 SF
Lot size
0.23 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$86,325
Additional Details
Cap Rate
5.5%
Building Details
Year Built
1966
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Palo Alto
(650) 391-1807
Listed By:
Yuri Sergunin, CCIM · License #01908322
Source:
Crexi
Added: Aug 17
Changed: Aug 30
Last Checked: Aug 30 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
This single-tenant NNN property at 1720 W San Carlos St in San Jose includes a 1,064-square-foot building on a 0.23-acre parcel. Constructed in 1966, the asset is occupied by California Check Cashing Stores, LLC, which operates a financial services business at the location. The lease places operating expenses, property taxes, insurance, and maintenance with the tenant.
The primary lease term has approximately six years remaining and expires September 30, 2032. Contractual rent increases are set at 3% annually, and the tenant holds one five-year extension option. The property carries a 5.5% cap rate based on in-place NOI. Its location on W San Carlos St places the asset within San Jose’s established residential and commercial setting.
The primary lease term has approximately six years remaining and expires September 30, 2032. Contractual rent increases are set at 3% annually, and the tenant holds one five-year extension option. The property carries a 5.5% cap rate based on in-place NOI. Its location on W San Carlos St places the asset within San Jose’s established residential and commercial setting.
Key Highlights
- Absolute NNN lease assigns operating expenses, taxes, insurance, and maintenance to the tenant
- Approximately six years remain on the primary lease term, expiring September 30, 2032
- 3% annual rent increases are scheduled throughout the primary lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,753
Businesses Nearby
80k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Dining 26%
Shops & Services 24%
Groceries 10%
Jack in the Box
Dining
15,488 visits/mo
0.3 miles
Crossroads Trading Co.
Apparel
14,103 visits/mo
0.4 miles
Goodwill
Apparel
10,022 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,745 visits/mo
0.5 miles
See's Candies
Groceries
7,907 visits/mo
0.1 miles
Demographics for 95128, CA
34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Market
Vacancy Rate% for Retail in San Jose, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease assigns operating expenses, taxes, insurance, and maintenance responsibilities to the tenant.
Where is this nnn property located?
The property is located at 1720 W SAN CARLOS ST San Jose, CA.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: Absolute NNN lease assigns operating expenses, taxes, insurance, and maintenance to the tenant; Approximately six years remain on the primary lease term, expiring September 30, 2032; 3% annual rent increases are scheduled throughout the primary lease term
