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Office Building for Sale
For Sale
$3,200,000

955 Monroe St, Santa Clara, CA 95054

Office building offered for sale at 955 Monroe St in Santa Clara, CA 95054.

Property Size7,039 SF
Days on Market98

Property Features for 955 Monroe St

General Information

Standard status Active
Size 7,039 SF
Class Class C
Property subtype 10/19/2026

Building Details

Building Size 7,039 SF
Year Built 2026
Listing Agency: Cushman & Wakefield | San Jose
Listed By: Erik Hallgrimson
Source: Cushmanwakefield
Added: Jul 17 Changed: Oct 21 Last Checked: Oct 20 at 6:00PM

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

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Investment Insights

Based on property information with market context.

This offering is for an office building for sale. The property is listed as office building/office space commercial real estate.

The asset is located at 955 Monroe St in Santa Clara, California (95054). Additional details regarding building size, unit layout, or improvements were not provided with this listing information.

Key Highlights

  • Office building for sale at 955 Monroe St, Santa Clara, CA 95054
  • Year built: 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$222,172
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,443,440 $4.4M
Cap Rate 7%
$3,173,886 $3.2M
Cap Rate 9%
$2,468,578 $2.5M
Market Conditions
NOI Build-Up for 7,039 SF
Gross rent
$354.8K $50.40/SF
− Vacancy
−$58.5K −$8.32/SF
EGI
$296.2K $42.08/SF
− OpEx
−$74.1K −$10.52/SF
NOI
$222.2K $31.56/SF
Area
Santa Clara, CA
Vacancy
16.50%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,443,440
Cap Rate 7%
$3,173,886
Cap Rate 9%
$2,468,578

Alternative Uses

Best Use
Office B
$3.17M
$2.78M – $3.70M (±1% cap)
NOI $222,172 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M (±1% cap)
NOI $297,469 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Zoheir Barber Shop

Suggested Use

Top Pick Florist Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,520
Businesses Nearby

Demographics for 95054, CA

25,024
Population
10,001
Households
2.5
Avg Household Size
34
Median Age
68%
College-Educated
94%
High-School Grad
6.4 sq mi
ZIP Area
3,910
Density / Sq Mi
$204,052
Median Household Income
$113,956
Median Earnings
$3,413
Median Rent
$1,475,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building offered for sale at 955 Monroe St in Santa Clara, CA 95054.
Where is this office building located?
The property is located at 955 Monroe St Santa Clara, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Office building for sale at 955 Monroe St, Santa Clara, CA 95054; Year built: 2026
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