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Costco Business Center

Off-Market

2376 South Evergreen Loop, San Jose, CA 95122

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  • Property Type Retail - Freestanding Big Box
  • Property Size 148,262 SF
  • Lot Size 10.31 Acre
  • Property Tenancy Single Tenant
  • Year Built 2020

Location

  • Walk Score ® Car-Dependent (42)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Bikeable (61)
Powered by Walk Score ®
  • City San Jose, CA
  • Neighborhood East San Jose
  • Zip Code 95122
  • Market Bay Area

Points of Interest

Capitol

2.92 miles

Alum Rock

3.02 miles

Curtner

3.82 miles

Tamien

4.10 miles

Tamien

4.10 miles

McKee

4.17 miles

Capitol

4.18 miles

San Antonio

4.37 miles

Virginia

4.38 miles

Convention Center

4.44 miles

Arco

0.42 miles

Chevron

0.76 miles

Evergreen Chevron

0.85 miles

76

0.87 miles

Shell

0.90 miles

Tully Valero Gas Station

1.00 miles

76

1.04 miles

Valero

1.08 miles

Shell

1.08 miles

Speedway Express

1.36 miles

clinic parking

0.72 miles

clinic parking

0.72 miles

Eastridge

0.78 miles

clinic parking

0.86 miles

clinic parking

0.89 miles

clinic parking

1.07 miles

clinic parking

1.40 miles

History Park

2.60 miles

Japanese Friendship Garden

2.74 miles

clinic parking

2.74 miles

Sizzler

0.33 miles

Elma's Taqueria

0.42 miles

Wendy's

0.50 miles

HM Sandwiches

0.50 miles

Red Lobster

0.51 miles

AJ’s Kitchen

0.52 miles

Olive Garden

0.52 miles

Little Caesars

0.53 miles

L&L Hawaiian Barbecue

0.53 miles

Subway

0.53 miles

Chavez Supermarket

0.36 miles

Fresco Supermarket

0.42 miles

Ross

0.42 miles

Sears

0.52 miles

Eastridge

0.53 miles

Maxim Market

0.56 miles

Macy's

0.59 miles

JCPenney

0.59 miles

Sprouts Farmers Market

0.60 miles

FoodMaxx

0.68 miles

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 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 $1,522,516
  • Market Value* $116,089,624
  • Assessed Value $116,089,624

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 Costco Business Center?

Costco Business Center totals 148,262 square feet.

When was this property built?

Costco Business Center was built in 2020.

What is the property tax for Costco Business Center?

The property tax for Costco Business Center in 2021-2022 was $1,522,516.

What is the market value for Costco Business Center?

The market value* for Costco Business Center in 2021-2022 was $116,089,624.
*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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