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375 Capitol Square 375 N Capitol Ave 98,519 SF 95% Leased Retail Building San Jose, CA 95133 $33,300,000 ($338.01/SF) 6.04% Cap Rate

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Investment Highlights

  • National Credit Tenant Lineup
  • Recent Renovation
  • Outparcel Opportunity
  • Grocery Anchor
  • Recent Long-Term Leases
  • Future Upside in Growth - EV Chargers

Executive Summary

A Grocery-Anchored Investment Opportunity in the Heart of Silicon Valley

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
98,519 SF
Building Class
B
Year Built
1975
Price
$33,300,000
Price Per SF
$338.01
Cap Rate
6.04%
NOI
$2,011,851
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.28
Lot Size
8.02 AC
Zoning
CG - General Commercial
Parking
310 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
543’ on N Capitol Ave

Amenities

  • Bus Line
  • Commuter Rail
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Jan 0000

Burlington Stores is a publicly traded off-price retailer headquartered in Burlington, New Jersey. Founded in 1972 as Burlington Coat Factory, the company initially specialized in discounted outerwear before expanding into a broad range of merchandise, including apparel for women, men, and children, footwear, accessories, home décor, toys, and beauty products. Burlington operates stores across the United States and Puerto Rico under the Burlington banner, following a model that offers branded merchandise at significant discounts compared to traditional retailers. The company went public in 2013 and trades on the New York Stock Exchange under the ticker symbol BURL. Burlington has grown into a Fortune 500 company and continues to expand its footprint nationwide. As of 2025, the retailer maintains more than 1,100 locations and emphasizes a dynamic inventory strategy to deliver value-driven shopping experiences.

  • Retailer
  • -
  • -
  • Jan 0000

Sprouts Farmers Market is a publicly traded grocery retailer headquartered in Phoenix, Arizona. Founded in 2002, the company operates stores focused on natural and organic products, with an emphasis on fresh produce, health-oriented groceries, and specialty items. Its support office on High Street serves as the administrative center managing store operations, merchandising, distribution, and corporate functions. Sprouts maintains a nationwide footprint across more than 23 states and supports thousands of team members in retail and distribution roles. Its business model emphasizes accessible fresh foods, including bulk items, produce, meats, and prepared offerings. Sprouts continues to expand its presence in the natural foods segment through store growth and private-label development. The company is publicly traded under the ticker symbol SFM.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Jan 0000
Retailer - - Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,000 SF
  • Restaurant
  • Outparcel
  • 30 Days

Brand new development pad available at main entrance with potential for drive thru. 1,200 - 1,300 SF drive-thru or 2,000 - 3,000 SF non- drive.

  • 1st Floor
  • 1,000-5,000 SF
  • Industrial
  • -
  • Now

Warehouse space available in San Jose, CA with 1,000 to 5,000 SQFT available. Tenants can work in the space! NO PUBLIC ACCESS USE AVAILABLE - no gyms, batting cages, pickleball courts, churches, art galleries, public performance spaces.

Space Size Space Use Position Available
1st Floor 3,000 SF Restaurant Outparcel 30 Days
1st Floor 1,000-5,000 SF Industrial - Now

1st Floor

Size
3,000 SF
Space Use
Restaurant
Position
Outparcel
Available
30 Days

1st Floor

Size
1,000-5,000 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size 3,000 SF
Space Use Restaurant
Position Outparcel
Available 30 Days

Brand new development pad available at main entrance with potential for drive thru. 1,200 - 1,300 SF drive-thru or 2,000 - 3,000 SF non- drive.

1st Floor

Size 1,000-5,000 SF
Space Use Industrial
Position -
Available Now

Warehouse space available in San Jose, CA with 1,000 to 5,000 SQFT available. Tenants can work in the space! NO PUBLIC ACCESS USE AVAILABLE - no gyms, batting cages, pickleball courts, churches, art galleries, public performance spaces.

Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Grocery Outlet
24 Hour Fitness
Lee's Sandwiches
Bonchon
Five Guys
Chase Bank
Starbucks
Cardenas
Bank of Montreal
Citi

Property Taxes

Property Taxes

Parcel Number
254-40-013
Land Assessment
$18,571,140
Improvements Assessment
$4,244,832
Total Assessment
$22,815,972
  • Listing ID: 37444007

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 375 N Capitol Ave, San Jose, CA 95133

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