Technical
Financial
Distress signals
Property profile

1 Curtner Ave San Jose, CA 95125

FOR LEASE
Community centers
Property ID
US09-2530669
358,302 SF 33.45 ac lot Built 2008
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Plant, located at 1 Curtner Ave, San Jose, CA 95125, presents a significant retail investment opportunity. This dominant power center, the largest in San Jose, boasts 650,532 square feet of gross leasable area (GLA) and is strategically situated at the hard corner of Curtner Avenue and Monterey Road. The property features over 50 tenants, including national anchors such as Target, Home Depot, and Best Buy, creating a one-stop destination for shopping, dining, and entertainment. With 2,967 parking spaces (a 5.8/1,000 ratio), ample parking is ensured for customers. Its high-traffic location is less than a mile from CA-87 (Exit 3, 133,000 ADT), contributing to its exceptional visibility and accessibility. Currently, 121,922 square feet of space is vacant, offering flexible options ranging from 563 square feet to a maximum contiguous space of 64,850 square feet. The property's strong performance is evidenced by its ranking as the second most visited power center within a 15-mile radius, attracting 6.4 million visits annually, including 5.89 million loyal visits and 509.9K casual visits within a 12-month period. This presents a unique chance to acquire a stake in a thriving, established retail center in a high-demand location. The property is multi-tenant, offering a diverse range of leasing opportunities.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2008
Construction CONCRETE
Total area 358,302 SF
Lot 33.45 ac (1,457,213 SF)
Zoning code M4
APN 456-22-002
UPID US09-2530669

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Computer & Electronic Repair Tech Support Center
  • Shopping Center & Mall

Location

1 Curtner Ave San Jose, CA 95125
San Jose metro Census 503121 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.42M

Owner & transaction history

since 2024
7 recorded transactions
2024
$95.0M
2022
$175.0M
2013
$203.1M
2010
Price N/A
2010
Price N/A
2010
Price N/A
2006
Price N/A

Zoning & alternative use

M4 · San Jose, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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