602 E Santa Clara St San Jose, CA 95112
Two medical/office buildings totaling 6,945 SF on 0.41 acres.
Property Features for 602 E Santa Clara St
General Information
- Standard status
- Active
- Size
- 6,945 SF
- Lot size
- 0.41 Acres
- Property subtype
- Office
Listing office Kidder Mathews San Jose (408) 588-2398
Listing date Aug 29, 2023
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 6,945 SF total space across two buildings
- 0.41 acre lot with two buildings: a two‑story elevator‑served building (5,736 SF) and a single‑story building (1,209 SF)
- 27 parking spaces in a fully secured lot
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 | $389.2k | $56.04 |
| − Vacancy | −$63.4k | −$9.13 |
| EGI | $325.8k | $46.91 |
| − OpEx | −$81.4k | −$11.73 |
| NOI | $244.3k | $35.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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