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Listed by Joshua Johnson • Marcus & Millichap
$4,100,000
Est. payment /mo
7,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 7,680 sqft
Price per Sqft $533
MLS Listing ID ML82027660
HOA Y/N No
Year Built 1957
Lot Size 0.376 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
319-325 S. Monroe Street is a multi-tenant retail center 100% leased to four tenants. The building measures approximately 7,680 square feet and is situated on a 0.38-acre parcel. The building improvements are masonry block construction with plate glass and anodized aluminum frame storefronts. There are 18 on-site parking spaces for a ratio of 2.34 per 1,000 SF. The parking lot was recently sealed and striped and the roof had a new covering applied in 2025. The property is in excellent condition and has been well maintained by the owner. The site is located across Westfield Valley Fair and Santana Row, which are two of the most successful retail developments in Northern California. Westfield Valley Fair has 2.2 million square feet of retail space and is leased to more than 200 stores and 50 restaurants, including luxury retailers such as Balenciaga, Versace, Louis Vitton, Gucci, Prada, Burberry, Dolce & Gabbana, and Patek Phillipe. The shopping center went through a $1.1 billion expansion in 2020 that added 500,000 square feet of space. Santana Row has about 90 shops and restaurants in nearly 500,000 square feet of space. Major tenants include Crate & Barrel, Lululemon, Nike, The Container Store, Tesla, Sephora, and Rivian.
Location
State CA
County Santa Clara
Interior
Fireplace No
Building
Water Public
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