Streetfront Retail
For Sale
Contact for pricing
422 E Santa Clara St, San Jose, CA 95113
A rear office and restroom support a flexible open storefront layout.
Property Size2,430 SF
Price / SF$0.99
Days on Market15
Property Features for 422 E Santa Clara St
General Information
Standard status
Active
Size
2,430 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
Downtown San Jose
Highway Access
Yes
Building Details
Year Built
1920
Listing Agency:
Independent Rl Est Brokers
Listed By:
Gary Izard · License #01359320
(925) 309-9144
Source:
Jpnrealty
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 11:43AM
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 Independent Rl Est Brokers
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Investment Insights
Based on property information with market context.
This 1,400-square-foot storefront includes a 12-by-75-foot open area, a 9-by-14-foot rear office and an 8-by-7-foot bathroom. Recent improvements include new flooring and paint. A broad display window faces the street, and the building provides space for tenant signage.
The property is in downtown San Jose, one block behind San Jose State University’s East Campus. VTA bus service is directly outside, with Caltrain nearby. Highways 101, 280 and 87, as well as San Jose International Airport, are also in the surrounding area.
The property is in downtown San Jose, one block behind San Jose State University’s East Campus. VTA bus service is directly outside, with Caltrain nearby. Highways 101, 280 and 87, as well as San Jose International Airport, are also in the surrounding area.
Key Highlights
- 1,400‑square‑foot storefront with 12‑by‑75‑foot open area
- Rear office measures 9 by 14 feet; bathroom measures 8 by 7 feet
- New flooring and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,760
$1.3M
Cap Rate 7%
$937,686
$937.7K
Cap Rate 9%
$729,311
$729.3K
Market Conditions
NOI Build-Up for 2,430 SF
Gross rent
$98.3K $40.44/SF
− Vacancy
−$4.5K −$1.85/SF
EGI
$93.8K $38.59/SF
− OpEx
−$28.1K −$11.58/SF
NOI
$65.6K $27.01/SF
Area
San Jose, 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%
$1,312,760
Cap Rate 7%
$937,686
Cap Rate 9%
$729,311
Alternative Uses
Best Use
Retail
$937.7K
$820.5K – $1.09M
NOI $65,638 @ 7.0% cap · market cap 2,734.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,729 @ 7.0% cap · market cap 4,280.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,544
Businesses Nearby
107k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 32%
Dining 18%
Electronics 5%
Cardenas Market
Groceries
26,807 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
21,340 visits/mo
0.2 miles
Rotten Robbie
Shops & Services
12,621 visits/mo
0.4 miles
Lee's Sandwiches
Dining
9,918 visits/mo
0.2 miles
7-Eleven
Shops & Services
7,347 visits/mo
0.4 miles
Demographics for 95113, CA
2,658
Population
1,850
Households
1.4
Avg Household Size
35
Median Age
67%
College-Educated
88%
High-School Grad
0.3 sq mi
ZIP Area
8,860
Density / Sq Mi
$140,938
Median Household Income
$101,706
Median Earnings
$2,914
Median Rent
$953,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Jose, CA
Similar Off Market Nearby
- Rosies & Posies Downtown Florist & Flower Delivery — 98 Paseo de San Antonio, San Jose, CA 95113
- Same Day Flower Delivery - San Jose — 123 e san carlos st, san jose, ca 95112
- Send Funeral Flowers San Jose — 88 n san pedro st, san jose, ca 95110
- San Jose Floral — 109 e santa clara st, san jose, ca 95113
- Guilles Flowers Shop — 215 E Santa Clara St, San Jose, CA 95113
Frequently Asked Questions
What type of property is this?
Storefront property - A rear office and restroom support a flexible open storefront layout.
Where is this storefront property located?
The property is located at 422 E Santa Clara St San Jose, CA.
What are key features of this property?
This property features: 1,400‑square‑foot storefront with 12‑by‑75‑foot open area; Rear office measures 9 by 14 feet; bathroom measures 8 by 7 feet; New flooring and paint
