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    San Jose Medical/Dental Building Title is generated by Realmo AI

    373 S Monroe St, San Jose, CA 95128

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    Fully leased medical/dental building near Santana Row and Valley Fair.

    Type:Office
    Property size:
    11,035 SF
    Price / SF:
    $561/SF
    Added:
    Mar 10, 2026
    Days on Market:
    121
    Last Refresh:
    Jul 2 at 5:49 am

    Property Features for 373 S Monroe St

    General Information

    Standard status
    Active
    Size
    11,035 SF
    Property subtype
    Office

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    Steve Becerra
    Steve Becerra

    Listing office Oxbridge International Co.

    Listing date Mar 10, 2026

    Source Crexi

    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 Oxbridge International Co.

    HighLights

    • Fully leased medical/dental building, providing immediate income.
    • Prime location: half a block from Santana Row and across from Valley Fair Mall.
    • Excellent accessibility to major highways: 17, 880, and 280.
    • 11,035 square foot building with 11 suites designed for medical/dental use.
    • Stable mix of medical and dental tenants.
    • Well‑maintained condition.

    Overview

    This 11,035 square foot medical/dental building is located in San Jose, California. The property contains 11 suites designed for medical and dental use and is fully leased to a mix of medical and dental tenants. Situated half a block from Santana Row and directly across from Valley Fair Mall, the building offers visibility and access to highways 17, 880, and 280. The property's location near commercial and retail centers, along with its tenant mix, may present an investment opportunity.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $618.4k $56.04
    − Vacancy −$100.8k −$9.13
    EGI $517.6k $46.91
    − OpEx −$129.4k −$11.73
    NOI $388.2k $35.18
    11,035 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $5.55M
    $4.85M – $6.47M (±1% cap)
    NOI $388,201 @ 7.0% cap · market cap 6.26%
    Second Best
    Healthcare Medical
    $2.64M
    $2.31M – $3.08M (±1% cap)
    NOI $184,726 @ 7.0% cap · market cap 2.98%
    Theoretical Best
    Office A
    $6.66M
    $5.83M – $7.78M (±1% cap)
    NOI $466,506 @ 7.0% cap · market cap 7.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hana Family Dental Dental Office Oxbridge International Real Estate Agency Rashel's Skin Care Hair Salon Shilpa Raveendran Menon Dental Office Valley Fair Family ... Dental Office

    Suggested Use

    (Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store Garden Center Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Big Box & Wholesale Store Storage Facility Supermarket

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Pet Care Animal Hospital — 700 S Winchester Blvd #10, San Jose, CA 95128
    • Bascom Veterinarian Center — 511 S Bascom Ave, San Jose, CA 95128
    • ARCHVET Emergency Hospital — 824 N Winchester Blvd, San Jose, CA 95128
    • VetCTscan — 824 N Winchester Blvd, San Jose, CA 95128

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.9436485
    Latitude
    37.3217179

    FAQs

    What type of property is this?
    Medical Office Space - Fully leased medical/dental building near Santana Row and Valley Fair.
    Where is this medical office space located?
    The property is located at 373 S Monroe St San Jose, CA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: Fully leased medical/dental building, providing immediate income.; Prime location: half a block from Santana Row and across from Valley Fair Mall.; Excellent accessibility to major highways: 17, 880, and 280.
    (408) 891-6453 Call to check price and availability
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