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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
100%
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 began as Burlington Coat Factory in 1972 in Burlington, New Jersey, selling off-price coats from a factory building. The company has since expanded into a broad off-price retail business that offers branded women's, men's, youth, and baby apparel, along with beauty, footwear, accessories, home, toys, gifts, and coats. Burlington Stores operates a wide store network across the United States and uses its buying model to bring in-season branded merchandise to shoppers at discounted prices. The business remains centered on value-oriented retailing and continues to serve customers through a large national footprint under the Burlington name.

  • Retailer
  • -
  • -
  • Jan 0000

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
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

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

Property Taxes

Property Taxes

Parcel Number
254-40-013
Land Assessment
$18,942,562
Improvements Assessment
$4,329,728
Total Assessment
$23,272,290
  • Listing ID: 37444007

  • Date on Market: 8/27/2025

  • Last Updated:

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

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