2664 Berryessa Rd, San Jose, CA 95132

$12,350,000
List Price
$12,350,000

Property Description

Berryessa Professional Center is a multi-tenant medical/dental building with 24 suites and is primarily occupied by dental practices. This offering provides the investor an opportunity to substantially increase the property income by leasing up vacant space and moving contract rents to market. Owner has recently invested more than $750,000 in capital improvements, including replacing the roof, installing new HVAC units, rebuilding all decks, railings, and exterior stairways, installing new compressor and vacuum systems, and much more. Most tenants are dental practices that have occupied the property on a long-term basis. More than 213,000 people live within three miles of the property, providing a large prospective client base for tenants. The property is less than one-half mile from an interchange with Interstate 680 and more than 25,000 vehicles pass the site each day on Berryessa Road.

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Courtesy of Marcus & Millichap, Kirk Trammell.

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