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2256 Junction Avenue

Off-Market

2256 Junction Avenue, San Jose, CA 95131

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 141,270 Sqft
  • Lot Size 13.31 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1976

Location

  • City San Jose, CA
  • Neighborhood North San Jose
  • Zip Code 95131
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Dec, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Jose

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in San Jose Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $49.98
  • 2020 Office Vacancy Rate 14.46%
  • 2020 Office Completions (Sqft) 461,660

San Jose Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $374.97
  • Y-o-Y Avg. PpSF Change 11.77%
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 25
View more San Jose market trends

Tax

  • Property Tax in 2021-2022 $452,916
  • Market Value $36,372,960
  • Assessed Value $36,372,960

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 2256 Junction Avenue?

2256 Junction Avenue totals 141,270 square feet.

When was this property built?

2256 Junction Avenue was built in 1976.

When was 2256 Junction Avenue last sold?

2256 Junction Avenue was last sold on 10 Dec, 2019.

What is the property tax for 2256 Junction Avenue?

The property tax for 2256 Junction Avenue in 2021-2022 was $452,916.

What is the market value for 2256 Junction Avenue?

The market value for 2256 Junction Avenue in 2021-2022 was $36,372,960.

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