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375 Capitol Square 375 N Capitol Ave 98,519 SF 100% Leased Retail Building San Jose, CA 95133 $33,300,000 ($338.01/SF) 6.04% Cap Rate



Investment Highlights
- National Credit Tenant Lineup
- Recent Renovation
- Outparcel Opportunity
- Grocery Anchor
- Recent Long-Term Leases
- Future Upside in Growth - EV Chargers
Executive Summary
Property Facts
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
Burlington began in 1972 when Monroe and Henrietta Milstein opened a coat factory outlet in New Jersey. The original store sold branded outerwear at wholesale prices. Over time, the company expanded its merchandise to include clothing, accessories, home goods, and footwear. Burlington grew from a single location into a national chain with numerous stores across multiple states. The company transitioned to public ownership through initial public offerings in 1983 and 2013. Burlington established itself as a major off-price retailer by offering a wide range of products at discounted rates.
Sprouts Farmers Market began in 2002 and built on a family produce heritage that traces back to a single fruit stand in San Diego. The company operates a nationwide grocery business centered on fresh produce, natural and organic foods, and better-for-you products. Store offerings include produce, deli and prepared foods, bakery, bulk items, dairy, meat and seafood, grocery, frozen foods, vitamins, body care, and beer and wine. Sprouts presents an open-layout shopping experience shaped around farm-stand heritage and a curated assortment for everyday grocery shopping.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | Jan 0000 | ||
|
Retailer | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
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.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,000 SF | Restaurant | Outparcel | 30 Days |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 30 Days |
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.
Nearby Major Retailers
Property Taxes
| Parcel Number | 254-40-013 | Improvements Assessment | $4,244,832 |
| Land Assessment | $18,571,140 | Total Assessment | $22,815,972 |
Property Taxes
Presented by
375 Capitol Square | 375 N Capitol Ave
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