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237 @ First Office Park - 4353 North 1st Street

Off-Market

4353 North 1st Street, San Jose, CA 95134

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  • Property Type Office - General Office
  • Property Size 184,351 Sqft
  • Lot Size 16.77 Acre
  • Parking Spaces Avail. 608
  • Parking Ratio 3.30/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 2016

Location

  • City San Jose, CA
  • Neighborhood Alviso
  • Zip Code 95134
  • Market Bay Area

Contacts

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Owner

  • True 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 30 Jun, 2020
  • 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

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

Frequently Asked Questions

What is the total square footage of 237 @ First Office Park - 4353 North 1st Street?

237 @ First Office Park - 4353 North 1st Street totals 184,351 square feet.

When was this property built?

237 @ First Office Park - 4353 North 1st Street was built in 2016.

When was 237 @ First Office Park - 4353 North 1st Street last sold?

237 @ First Office Park - 4353 North 1st Street was last sold on 30 Jun, 2020.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.