Two-Story Freestanding Retail
For Sale
Contact for pricing
2245 El Camino Real, Santa Clara, CA 95050
Commercial building with prior swim and dive school use and potential for retail, education, aquatic use, or redevelopment.
Property Size12,029 SF
Price / SF$511.26
Days on Market51
Property Features for 2245 El Camino Real
General Information
Standard status
Active
Size
12,029 SF
Property subtype
Retail
Building Details
Buildings
1
Stories
2
Listing Agency:
Meacham Oppenheimer
Listed By:
David Taxin · License #00983163
Source:
Crexi
Added: Aug 31
Changed: Oct 9
Last Checked: Oct 19 at 3:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meacham Oppenheimer
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Investment Insights
Based on property information with market context.
This freestanding retail property contains approximately 12,029± SF across two stories. The building previously operated as a swim and dive school, providing a distinct operating history for aquatic-related use. The property is also identified for retail, educational, or redevelopment applications, subject to applicable approvals.
The site is located at 2245 El Camino Real in Santa Clara, near Los Padres Blvd. Its El Camino Real address places the building within an established commercial corridor and provides a clear street-facing identity. The two-story configuration and specialized prior use distinguish the property from conventional single-level retail space.
The site is located at 2245 El Camino Real in Santa Clara, near Los Padres Blvd. Its El Camino Real address places the building within an established commercial corridor and provides a clear street-facing identity. The two-story configuration and specialized prior use distinguish the property from conventional single-level retail space.
Key Highlights
- 12,029± SF two‑story freestanding retail building
- Previously operated as a swim and dive school
- Located on El Camino Real near Los Padres Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$324,921
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,498,420
$6.5M
Cap Rate 7%
$4,641,729
$4.6M
Cap Rate 9%
$3,610,233
$3.6M
Market Conditions
NOI Build-Up for 12,029 SF
Gross rent
$486.5K $40.44/SF
− Vacancy
−$22.3K −$1.85/SF
EGI
$464.2K $38.59/SF
− OpEx
−$139.3K −$11.58/SF
NOI
$324.9K $27.01/SF
Area
Santa Clara, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,498,420
Cap Rate 7%
$4,641,729
Cap Rate 9%
$3,610,233
Alternative Uses
Best Use
Retail
$4.64M
$4.06M – $5.42M
NOI $324,921 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.26M
$6.35M – $8.47M
NOI $508,346 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
Explore this area
Business Placement
Demographics for 95050, CA
39,031
Population
16,674
Households
2.3
Avg Household Size
35
Median Age
54%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
7,097
Density / Sq Mi
$130,051
Median Household Income
$73,578
Median Earnings
$2,522
Median Rent
$1,420,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial building with prior swim and dive school use and potential for retail, education, aquatic use, or redevelopment.
Where is this retail space located?
The property is located at 2245 El Camino Real Santa Clara, CA.
What is the asking price?
The asking price for this property is $6,150,000.
What are key features of this property?
This property features: 12,029± SF two‑story freestanding retail building; Previously operated as a swim and dive school; Located on El Camino Real near Los Padres Blvd
