2600 North 1st Street, San Jose, CA

Property Type Office - General Office
Property Size 78,325 SF
Lot Size 4.28 Acre
Parking Spaces Avail. 274
Parking Ratio 3.50/ 1,000 SF
Property Tenancy Single Tenant
Building Class A
Year Built 1981

Location

Map
Street

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

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 16 Mar, 2017
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

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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 (SF) 461,660

San Jose Office Sales Trends

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

2020 Avg. Price per SF $374.97
Y-o-Y Avg. PpSF Change 11.77%
2020 Office Sales Volume $1.6B
2020 Number of Transactions 25

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Tax

Property Tax in 2021-2022 $468,363
Market Value* $37,312,631
Assessed Value $37,312,631

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2600 North 1st Street?

2600 North 1st Street totals 78,325 square feet.

When was this property built?

2600 North 1st Street was built in 1981.

When was 2600 North 1st Street last sold?

2600 North 1st Street was last sold on 16 Mar, 2017.

What is the property tax for 2600 North 1st Street?

The property tax for 2600 North 1st Street in 2021-2022 was $468,363.

What is the market value for 2600 North 1st Street?

The market value* for 2600 North 1st Street in 2021-2022 was $37,312,631.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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2600 North 1st Street, San Jose, CA 95134 - Office Space

2600 North 1st Street is located at 2600 North 1st Street in the North San Jose neighborhood, CA, San Jose, 95134. The Class A Office building was completed in 1981 and features a total of 78,325 SF.

There are 318 office spaces for lease in the North San Jose neighborhood, totaling 5,767,965 SF of available office space. The office space availability for the 95134 zip code is 2,903,104 SF, in 93 office spaces. The average asking office rent per SF in North San Jose is $35.94/SF/YR. For Class A office buildings the average office rate is $42.58/SF/YR, for Class B office buildings the average office rate is $32.43/SF/YR, for Class C office buildings the average office rate is $26/SF/YR.

In North San Jose, there are 100 class A office buildings. In North San Jose, there are a total of 36 LEED certified office buildings. In 1981, the same year 2600 North 1st Street was built, 124 more commercial properties (office, industrial, retail) over 50,000 square feet were built in San Jose, featuring 2,412,162 square feet of commercial space. At zip code level, there are 192 commercial properties, of which 178 are office buildings over 50,000 square feet.

2600 North 1st Street