New Silicon Valley In-N-Out Burger

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Available $6,925,000 - Retail - Single Tenant
Size:  2.51 Acres Print

 Investment Offering & Highlights

  • Extremely rare California In-N-Out Burger investment opportunity on long term ground lease with scheduled rent increases
  • Core Silicon Valley location at the intersection of Cottle Road and Great Oaks Parkway just off the high traffic intersection of Blossom Hill Road and Monterey Road with over 95,000 vehicles per day
  • Less than ½ mile from Highway 101 (194,600 VPD) and Highway 85 (124,000 VPD) – the two primary commuter arterials serving San Jose and the greater Silicon Valley
  • Outparcel to Lowe’s Home Improvement in a dense retail corridor along Cottle Road and adjacent to the 158 acre headquarters campus of Western Digital, the largest disk drive manufacturer in the world
  • Across the street from the 300,000 square foot Village Oaks Shopping Center anchored by Target, Safeway, Marshalls, and ULTA Beauty
  • Notable technology tenants in the surrounding area include Equinix, Cisco Systems, Barracuda Networks, Jabil, Extreme Networks, and Toshiba Semiconductor, among many others
  • High growth market with numerous single family and multi-family projects recently completed and planned by Lennar, Shea Homes, Alliance, Taylor Morrison, St. Anton, and Pulte Homes
  • Exceptional demographics with over $135,000 average household income and population over 365,000 within 5 miles of the property

Property Description

Cushman & Wakefield Net Lease Group is pleased to offer for sale a newly constructed In-N-Out Burger property located at 5590 Cottle Road in San Jose, CA, on a long term ground lease. The 3,867 square foot building with drive thru is currently under construction and is expected to open in January 2019. The property benefits from a core, high barrier to entry Silicon Valley location and a large 2.5 acre lot on the hard corner of a high traffic retail intersection. In-N-Out Burger is one of the most innovative companies in the quick service restaurant industry with some of the highest store sales of any operator. The company operates over 335 locations in six US states.

Please use the following link to access the offering memorandum: https://www.crexi.com/properties/151519

Property Location