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Cisco Site 2 - 175 West Tasman Drive

Off-Market

175 West Tasman Drive, San Jose, CA 95134

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  • Property Type Office - R&D - Office
  • Property Size 93,230 SF
  • Lot Size 5.29 Acre
  • Parking Spaces Avail. 391
  • Parking Ratio 4.20/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1996

Location

  • 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 04 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 (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
View more San Jose market trends

Tax

  • Property Tax in 2021-2022 $362,527
  • Market Value* $29,832,686
  • Assessed Value $29,832,686

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 Cisco Site 2 - 175 West Tasman Drive?

Cisco Site 2 - 175 West Tasman Drive totals 93,230 square feet.

When was this property built?

Cisco Site 2 - 175 West Tasman Drive was built in 1996.

When was Cisco Site 2 - 175 West Tasman Drive last sold?

Cisco Site 2 - 175 West Tasman Drive was last sold on 04 Dec, 2019.

What is the property tax for Cisco Site 2 - 175 West Tasman Drive?

The property tax for Cisco Site 2 - 175 West Tasman Drive in 2021-2022 was $362,527.

What is the market value for Cisco Site 2 - 175 West Tasman Drive?

The market value* for Cisco Site 2 - 175 West Tasman Drive in 2021-2022 was $29,832,686.
*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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