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

Office Property For Sale

Blossom Hill Office Building

841 Blossom Hill Road, San Jose, CA 95123

Price:
$8,375,000
Building Size:
32,337 SF
Price/SF:
$258.99
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
1.5%
Cap Rate:
7%
Occupancy:
90%
No. Stories:
2
Building Class:
B
Tenancy:
Multiple
Year Built:
1974
Lot Size:
1.74 AC
Parking Ratio:
4 / 1,000 SF
Find Out More...

Last Verified 10/23/2009 Listing ID 16256279

Description

This property is an extremely well-located and well-maintained multi-tenant office building that has a strong history of very low vacancy. There are currently 19 tenants occupying the building which consist of approximately 50% of medical and dental uses. Most of the tenants have had a long tenancy in the property

This property enjoys high visibility in on one of San Jose's prime commercial
streets, Blossom Hill Rd. Located one block east of the major intersection of Blossom Hill Rd. and Santa Teresa Blvd. near the Oakridge regional mall, this property is just three blocks from the intersection of State Highway 85 and Highway 87.

Financial Summary

Actual
Year
2008
Net Operating Income
$586,250

Map of 841 Blossom Hill Road, San Jose, CA 95123 (Santa Clara County)

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Created 5/28/2009

Additional Information for 841 Blossom Hill Road, San Jose, CA 95123

Active For Sale - 2 Listings
Active For Lease - 1 Listing
Previously Listed - 3 Historic Listings
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.

Comparable Properties for 841 Blossom Hill Road, San Jose, CA 95123

Nearby Office properties for saleSearch all commercial real estate for sale

Oakridge Professional Center
$8,375,000
32,337 SF
859 Blossom Hill Road
$143.75/SF
8,000 SF

Nearby Office properties for leaseSearch all commercial real estate for lease

5710 Cahalan Ave
Negotiable
681 SF
835 Blossom Hill Rd
$1.75/SF/Month
1,200 SF
841 Blossom Hill Road
$2.15/SF/Month
1,388 - 1,768 SF
Thornwood Plaza
$2.25/SF/Month
1,125 SF
5406 Thornwood Drive
$1.90/SF/Month
1,888 - 5,800 SF

Nearby Recently Sold Office propertiesSearch all recently sold commercial real estate

Office Building
Sold 3Q 2005
Office Building
Sold 2Q 2008

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 - Blossom Hill Office Building

841 Blossom Hill Road, San Jose, CA, 95123