Commercial Real Estate Report - San Jose, CA [Retail]

Property Type

View market and submarket information on Retail space in San Jose, California. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in San Jose, California.

Boundaries

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Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

San Jose, CA - Entire Metro
Submarkets
West County - C -60 bps
North County - N -20 bps
San Jose/S County - N -10 bps
San Jose/S County - NC 0 bps
North County - NC 0 bps
West County - NC 0 bps
San Jose/S County - C 10 bps
North County - C 20 bps
West County - N 40 bps
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean 6.9% 6.2% 3.9% 10.4%
Median 4.1% 5.8% 3.9% 9.8%
12 Month Rolling 6.7% 7.0% 7.9% 7.4%

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
San Jose/S County 48297 $12
San Jose/S County 93065 $30
San Jose/S County 93109 $34
San Jose/S County 48272 $23
North County 48049 $25
San Jose/S County 48360 $33
San Jose/S County 86853 $23
North County 71792 $37
West County 48290 $27
West County 88619 $29

Change From Previous Quarter

Market Rent Vac Inv
San Jose 0.1% -10 bps 0.0%
West Region 0.0% 0 bps 0.0%
United States 0.1% 0 bps 0.0%

Metro vs. Region 0.1% -10 bps 0.0%
Metro vs. US 0.0% -10 bps 0.0%

Latest New Construction Updates

Location Size
North County 160,000 - 310,000
San Jose/S County 160,000 - 310,000
San Jose/S County 0 - 160,000
West County 0 - 160,000
North County 160,000 - 310,000
North County 310,000 - 460,000
North County 0 - 160,000
San Jose/S County 310,000 - 460,000
San Jose/S County 0 - 160,000
San Jose/S County 160,000 - 310,000
View all Construction Projects

National Retail Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Retail Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
1. San Francisco, CA 3.6%
2. Fairfield County, CT 4.0%
3. Long Island, NY 5.5%
4. Northern New Jersey, NJ 5.5%
5. Orange County, CA 5.5%
6. San Jose, CA 5.9%
7. Los Angeles, CA 6.1%
8. Honolulu, HI 6.2%
9. San Diego, CA 6.4%
10. Oakland-East Bay, CA 6.5%
11. Boston, MA 6.6%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
San Jose 0.3% 675 bps 0.6%
West Region 0.3% 937 bps 0.6%
United States 0.3% 1,077 bps 0.7%

Metro vs. Region 0.1% -261 bps 0.0%
Metro vs. US 0.0% -402 bps -0.1%