Listed by Joshua Johnson, 650-391-1784 from Marcus & Millichap
(If provided) CoList: Jimmy Castellanos from Marcus & Millichap
Sold listing courtesy of RECIP from RCIP
2812 Stevens Creek Boulevard is a single-tenant auto repair building situated on a 0.37-acre parcel at the corner of Stevens Creek Boulevard and Monroe Street. The building measures 1,674 square feet and has three repair bays and an attached office; there are 23 parking spaces on site. The property has highly visible location and the tenant benefits from a pylon sign on Stevens Creek Boulevard. Additionally, there are curb cuts along both Stevens Creek Boulevard and Monroe Street to provide access and circulation. Stevens Creek Automotive has occupied the site for many years and recently indicated they plan to extend their lease for another five years. The lease has a triple net expense structure with limited landlord responsibilities and provides. The tenant is responsible for all operating expenses except for the roof, building structure, foundation, and exterior walls. Given the nature of the use, landlord expenses are anticipated to be minimal.
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