1250 Norman Ave Santa Clara, CA 95054

This exceptional Santa Clara, CA industrial property offers a compelling investment opportunity. Comprising 10,080 square feet across 26 units within a single building situated on a 1.53-acre lot, this automotive-focused portfolio boasts 100% occupancy and a strong 5.75% cap rate, generating a substantial net operating income (NOI) of $248,270. The asking price is $4,320,000, translating to a price per square foot of $429. Each of the 26 units, with the exception of one, includes its own bathroom. The building features desirable 13-foot clear heights and ample parking, providing 2.08 spaces per 1,000 square feet. Conveniently located within two minutes of the Montague Expressway, this property benefits from excellent access to major transportation arteries. The property is zoned for Low Intensity Office/R&D use. Recent capital improvements have been made by the current owner. This offering presents a rare chance to acquire a high-performing industrial asset in the highly sought-after Bay Area market. The property is comprised of two parcels, each of which can be sold individually or as a package. The APN is 104-14-096. The property is located at 1250-1262 Norman Ave, Santa Clara, CA 95054.