Multi-Tenant Storefront
For Sale
Contact for pricing
323 S Monroe St, San Jose, CA 95128
Retail center with established occupants, a vacant suite, and an automotive ground lease.
Property SizeContact for details
Days on Market143
Property Features for 323 S Monroe St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Silber Investment Properties Ltd
Listed By:
Stephen Spiegel · License #NY 10401350022
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 1:52PM
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 Silber Investment Properties Ltd
Investment Insights
Based on property information with market context.
This multi-tenant storefront property includes State Farm Insurance, Monroe Lounge, and Bella Cosa Salon, along with an additional suite that is currently vacant. An automotive ground lease is also part of the property, creating a mix of retail, service, and commercial occupancy. The property carries a 6.25% cap rate, and the tenant leases average $30 per square foot with reported rents approximately 27% below market. The site is positioned at 323 S. Monroe St. in San Jose, near Interstate 880, Westfield Valley Fair Mall, and Santana Park. Its location places the property within an established commercial setting with access to major roadway connectivity and nearby retail amenities.
Key Highlights
- Multi‑tenant storefront property with State Farm Insurance, Monroe Lounge, and Bella Cosa Salon
- Additional suite is currently vacant
- Automotive ground lease included
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,845
Businesses Nearby
854k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 61%
Dining 16%
Shops & Services 9%
Electronics 5%
Macy's
Apparel
176,718 visits/mo
0.1 miles
Nordstrom
Apparel
138,598 visits/mo
0.3 miles
Macy's
Apparel
76,848 visits/mo
0.3 miles
Bloomingdale's
Apparel
70,349 visits/mo
0.1 miles
The Cheesecake Factory
Dining
48,235 visits/mo
0.2 miles
Demographics for 95128, CA
34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Market
Vacancy Rate% for Retail in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail center with established occupants, a vacant suite, and an automotive ground lease.
Where is this storefront property located?
The property is located at 323 S Monroe St San Jose, CA.
What are key features of this property?
This property features: Multi‑tenant storefront property with State Farm Insurance, Monroe Lounge, and Bella Cosa Salon; Additional suite is currently vacant; Automotive ground lease included
