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Browse More Listings in Office For Sale, San Jose, CA or California

Office Property For Sale - In Contract

FIRST STREET OFFICE PLAZA

1155 N First Street, San Jose, CA 95112

Price:
$6,590,000
Building Size:
30,720 SF
Price/SF:
$214.52
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
6.55%
Occupancy:
65%
Tenancy:
Multiple
Lot Size:
1.65 AC
Find Out More...

Last Verified 10/26/2009 Listing ID 15705654

Description

Up to 60% Seller Financing Now available to qualified buyers. Class A Showcase 2 story Brick Commercial Office Building. 30,720 sq ft. Large Secluded parcel 1.65 acres. 115+ 4 disabled Parking spaces. VTA Light Rail directly in front of Building. Outstanding tenant profile, Legal, CPA, Advertising, Title Co. Walking distance to many City, County and Gov't Agencies. An excellent investment with tremendous pride in ownership for any investor.

Located at First Street and Hwy 880. Great Freway and Airport access, 880, 101, 87, 280. Downtown area of the First Street Corridor. The First Street corridor has boasted a number of powerful businesses over many decades. With the Newly Remodeled San Jose Mineta Int'l Airport just seconds away, this sub market will continue to be of interest for both foreign and domestic investors for years to come.
This property has been well maintained for many years and it's prime location offers easy freeway access from all directions. Surrounded by a beautiful arrangement of tall redwoods, the atmosphere provides a wonderful seclusion amidst the busy downtown area. VTA Light Rail in front of the building. This transportation system has bolstered local business since its construction in 1990. Multiple stops in Almaden, Campbell, Alum Rock, and Mountain View.

Financial Summary

Actual
Net Operating Income
$427,500

Map of 1155 N First Street, San Jose, CA 95112 (Santa Clara County)

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Presented by

BUILDER'S MARKETING SERVICES

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Contact Listing Broker

Douglas O'Neill (408) 903-8895

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Created 5/9/2008

Additional Information for 1155 N 1st Street, San Jose, CA 95112

Active For Sale - 1 Listing
Active For Lease - 5 Listings
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Office Property For Sale - FIRST STREET OFFICE PLAZA

1155 N First Street, San Jose, CA, 95112