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Property profile & analytics
FOR LEASE
Strip malls

2760 Homestead Rd Santa Clara, CA 95051

10,457 SF 9.08 ac lot Built 1965
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US10-2980595
Property summary
AI-generated overview

This exceptional retail opportunity presents two available spaces within the thriving Mariposa Shopping Center, totaling 126,658 square feet. Located in Santa Clara County, this center boasts a strong tenant mix, anchored by a Safeway supermarket, and complemented by established national retailers such as Ross Dress for Less and CVS. The property offers high visibility and accessibility within a densely populated trade area, ensuring significant foot traffic. The available spaces range from a minimum of 975 square feet to a maximum contiguous space of 2,267 square feet, providing flexibility for various retail concepts. The center enjoys an impressive annual visitation exceeding 3,104,196, demonstrating its robust draw and potential for success. Its proximity to Kaiser Permanente further enhances its strategic location and accessibility. This is an ideal opportunity for businesses seeking a prime retail location in a high-traffic area with established anchors and a proven track record. Currently, 3,242 square feet are vacant, offering immediate occupancy potential. The center's two suites provide a well-established and successful retail environment. This property is a rare opportunity to secure a space in a highly desirable and productive shopping center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Construction WOOD
Total area 10,457 SF
Lot 9.08 ac (395,524 SF)
Zoning code CN
APN 294-18-035
UPID US10-2980595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Starbucks Cafe & Coffee Shop
  • Volta Charging Station Electric Vehicle Charging Station
  • Eco Green Carpet & Upholstery Cleaning Carpet Cleaning Service
  • Coinstar Kiosk - Bitcoin ATM Currency Exchange Service Atm
  • Amazon Locker - Rory Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.03M
Owner & transaction history
Fw Ca Mariposa Gardens Shopping Ctr · 21 yrs held
Fw Ca Mariposa Gardens Shopping Ctr
since 2005
4 recorded transactions
2012
Price N/A
2005
$29.6M
2004
Price N/A
2001
Price N/A
Zoning & alternative use
CN · Santa Clara, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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