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373 S. Monroe 373 S Monroe St 11,081 SF 75% Leased Office Building San Jose, CA 95128 $6,200,000 ($559.52/SF) 5.90% Cap Rate
Investment Highlights
- Easily accessible via Highways 17 and 280 with transit options nearby.
- Designed for medical/dental users with built-in air, water, and vacuum systems.
- Tenanted by a mix of long-term medical and dental professionals under NNN lease agreements.
- Located one block from Santana Row and directly across from Valley Fair Mall.
- Zoned within San Jose’s Urban Village Designation, allowing for future redevelopment up to six stories.
- Offers 45 on-site parking spaces, supporting high patient and staff convenience.
Executive Summary
Oxbridge Real Estate Services is pleased to present 373 S. Monroe Street, a well-maintained medical office property strategically located in one of San Jose's most desirable healthcare and professional office corridors. This property offers an exceptional opportunity for medical professionals, investors, or owner-users seeking a presence in Silicon Valley.
Situated on a highly accessible site with convenient access to Interstate 280, San Tomas Expressway, Santana Row, Valley Fair, and Downtown San Jose, the property benefits from a strong surrounding demographic base and established healthcare community.
Property Highlights
Medical and professional office building
Prime West San Jose location
Ample on-site parking
ADA-compliant improvements
Excellent access to Interstate 280 and Highway 17
Strong demographics and established patient base within surrounding neighborhoods
Suitable for owner-user or investment acquisition
Existing medical and dental improvements reduce future tenant improvement costs
Well-maintained property with attractive curb appeal
Existing Improvements
The property currently contains fully improved medical office suites, including:
Dental Office
Multiple operatories
Reception and patient waiting area
Administrative and consultation offices
Existing dental infrastructure
Chiropractic / Medical Office
Reception area
Treatment and examination rooms
Private offices
Support and storage areas
Ideal Uses
Medical Office Building
Dental Practice
Orthodontics
Specialty Medical Groups
Physical Therapy
Chiropractic Clinic
Behavioral Health Services
Multi-Tenant Medical Investment
Professional Office Conversion
Investment Potential
The property offers flexibility for both investors seeking stable medical tenancy and owner-users looking to establish or expand their practice in Silicon Valley. Existing improvements provide immediate functionality while preserving future repositioning opportunities.
Location Advantages
Minutes from Santana Row and Westfield Valley Fair
Convenient access to major hospitals and healthcare providers
Centrally located within Silicon Valley
Excellent freeway access
Dense residential population and strong daytime employment base
Sale Price
Contact Broker for Pricing and Confidential Offering Information.
Exclusively Offered By
Steve Becerra
CEO & Managing Broker
Oxbridge Real Estate Services, Inc.
BRE License #00838722
For additional information, financial details, or to schedule a private property tour, please contact the listing broker.
Situated on a highly accessible site with convenient access to Interstate 280, San Tomas Expressway, Santana Row, Valley Fair, and Downtown San Jose, the property benefits from a strong surrounding demographic base and established healthcare community.
Property Highlights
Medical and professional office building
Prime West San Jose location
Ample on-site parking
ADA-compliant improvements
Excellent access to Interstate 280 and Highway 17
Strong demographics and established patient base within surrounding neighborhoods
Suitable for owner-user or investment acquisition
Existing medical and dental improvements reduce future tenant improvement costs
Well-maintained property with attractive curb appeal
Existing Improvements
The property currently contains fully improved medical office suites, including:
Dental Office
Multiple operatories
Reception and patient waiting area
Administrative and consultation offices
Existing dental infrastructure
Chiropractic / Medical Office
Reception area
Treatment and examination rooms
Private offices
Support and storage areas
Ideal Uses
Medical Office Building
Dental Practice
Orthodontics
Specialty Medical Groups
Physical Therapy
Chiropractic Clinic
Behavioral Health Services
Multi-Tenant Medical Investment
Professional Office Conversion
Investment Potential
The property offers flexibility for both investors seeking stable medical tenancy and owner-users looking to establish or expand their practice in Silicon Valley. Existing improvements provide immediate functionality while preserving future repositioning opportunities.
Location Advantages
Minutes from Santana Row and Westfield Valley Fair
Convenient access to major hospitals and healthcare providers
Centrally located within Silicon Valley
Excellent freeway access
Dense residential population and strong daytime employment base
Sale Price
Contact Broker for Pricing and Confidential Offering Information.
Exclusively Offered By
Steve Becerra
CEO & Managing Broker
Oxbridge Real Estate Services, Inc.
BRE License #00838722
For additional information, financial details, or to schedule a private property tour, please contact the listing broker.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,081 SF
Building Class
B
Year Built/Renovated
1980/2006
Price
$6,200,000
Price Per SF
$559.52
Cap Rate
5.90%
NOI
$365,800
Percent Leased
75%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,694 SF
Slab To Slab
10’
Building FAR
0.57
Lot Size
0.45 AC
Zoning
C3H, San Jose - Urban Village, 6 story height limit.
Parking
45 Spaces (4.06 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 201
- 1,035 SF
- Office/Medical
- -
- Now
fully built out Dental office, includes vacuum, air and water.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 201 | 1,035 SF | Office/Medical | - | Now |
| 3rd Fl-Ste 303 | 1,690 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 201
| Size |
| 1,035 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 303
| Size |
| 1,690 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 303
| Size | 1,690 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
fully built out Dental office, includes vacuum, air and water.
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 277-34-006 | Improvements Assessment | $555,660 |
| Land Assessment | $657,859 | Total Assessment | $1,213,519 |
Property Taxes
Parcel Number
277-34-006
Land Assessment
$657,859
Improvements Assessment
$555,660
Total Assessment
$1,213,519
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373 S. Monroe | 373 S Monroe St
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