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319-325 Monroe St 7,315 SF 100% Leased Retail Building San Jose, CA 95128 $4,100,000 ($560.49/SF) 5.43% Cap Rate
Investment Highlights
- Multi-tenant retail property 100% leased to four tenants
- Located directly across from Westfield Valley Fair and blocks from Santana Row
- Affluent trade area with an average annual household income of $176,702
- Favorable triple net leases that allow pass through of operating expenses
- Easy access from I-880 and I-280, as well as Stevens Creek Boulevard
Executive Summary
The property is 100% leased and two tenants just renewed their leases at higher rents. The rent for Bella Cosa Salon increased by 10% in the latest option and the rent for Monroe Hookah Lounge increased by 18% with the most recent extension. These renewals demonstrate the strength of the local retail market and attractiveness of the asset.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bella Cosa Salon
- Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- Fred Astaire Dance Studio
- Services
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Monroe Lounge
- Arts, Entertainment, and Recreation
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bella Cosa Salon | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Fred Astaire Dance Studio | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Monroe Lounge | Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 277-34-002 | Improvements Assessment | $464,922 |
| Land Assessment | $486,051 | Total Assessment | $950,973 |
Property Taxes
Presented by
319-325 Monroe St
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