Evergreen Plaza Professional Center is a 15,413 SF, two-story medical office building located in East San Jose. The property is 92% leased to seven established dental practices, offering stable income with minimal rollover and built-in rent growth. This is an excellent investment opportunity in a high-demand healthcare corridor.
Building
15,413 SF
Available
1,250 SF
Stories 2 Floors
Year Built/Renovated 1980
Class B
Tenancy Multi-Tenant
Lot Size 1.25 Acres
Healthcare
Evergreen Plaza Professional Center
3151 S White Rd, San Jose, CA 95148
Asking Price
$8,700,000
Available Spaces
Suite 201
(2nd Floor)•1,250 RSF$3.90/SF/Mo MG•TI Available•Available Now
Condition: Dental
Suitable for:MedicalDental
View
Suite 201
(2nd Floor)1,250 RSF
$3.90/SF/Mo MG•TI Available•Avail. Now
Condition: Dental
Suitable for:MedicalDental
Highlights
- 92% leased to seven established dental practices
- Minimal rollover with rent growth baked in
- 6.04% cap rate
- High-visibility corner location
- Monument signage
- Direct access to US-101 and Capitol Expressway
- Elevator served
- Ample parking
Overview
Evergreen Plaza Professional Center is a 15,413 SF, two-story medical office building located in East San Jose. The property is 92% leased to seven established dental practices, offering stable income with minimal rollover and built-in rent growth. This is an excellent investment opportunity in a high-demand healthcare corridor.
Investment Summary
Investment
Price/SF
$564.46
Cap Rate
6.04%
Occupancy
92%
Documents & Resources
Sale & Lease Healthcare
Evergreen Plaza Professional Center
Building: 15,413 SF Available: 1,250 SF Price: $8,700,000 Rate: $3.90/SF/Mo
Overview
Highlights
- 92% leased to seven established dental practices
- Minimal rollover with rent growth baked in
- 6.04% cap rate
- High-visibility corner location
- Monument signage
- Direct access to US-101 and Capitol Expressway
- Elevator served
- Ample parking
Property Details
Year Built1980
ClassB
Stories2
Lot Size1.25 Acres
Investment Summary
Price/SF$564.46
Cap Rate6.04%
Occupancy92%
Available Spaces (1)
Suite 201 (2nd Floor)
1,250 SF $3.90/SF/Mo MG Dental
Fully Plumbed Medical/Dental Suite w/ 4
Operatories (3 Open, 1 Private) and an X-ray
Room