Retail Space in San
41-43 S 1st Street & 21-23 post Street San Jose, CA 95113
41-43 S 1st Street & 21-23 post Street, San Jose, CA, 95113
Contact for pricing
For Sale
Contact for pricing
9,460 SqFt retail property available for sale.
Property Size9,460 SF
Price / SF$343.55
Days on Market58
Property Features for 41-43 S 1st Street & 21-23 post Street
General Information
- Standard status
- Active
- Size
- 9,460 SF
- Property subtype
- Retail, Office
Listing Agency
Cushman & Wakefield - San Jose/Silicon Valley, California
Listed by
Miki Correa · License #CA 01718959
Source
Crexi
Added: May 21 Checked: Jul 16 at 12:46 pm
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 Cushman & Wakefield - San Jose/Silicon Valley, California
Investment Insights
Based on property information with market context.
This retail property, located in San Jose, California, offers 9,460 square feet of space. The property is suitable for retail and other commercial real estate purposes.
Key Highlights
- Retail Property
- 9,460 SqFt
Local Financial Insights For Retail
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 | $382.6k | $40.44 |
| − Vacancy | −$17.5k | −$1.85 |
| EGI | $365.0k | $38.59 |
| − OpEx | −$109.5k | −$11.58 |
| NOI | $255.5k | $27.01 |
9,460 SF · lease $40.44/SF/yr · vacancy 4.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.65M
$3.19M – $4.26M
NOI $255,529 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.71M
$5.00M – $6.67M
NOI $399,923 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - 9,460 SqFt retail property available for sale.
Where is this retail property located?
The property is located at 41-43 S 1st Street & 21-23 post Street San Jose, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Retail Property; 9,460 SqFt
