Bank of Italy Tower Office
For Lease
Contact for pricing
12 S 1st St, San Jose, CA 95113
Historic downtown office offering with transit access, adaptable floor areas, and substantial electrical capacity.
Space Size48,934 SF
Days on Market45
Property Features for 12 S 1st St
General Information
Standard status
Active
Size
48,934 SF
Net Rentable
48,934 SF
Class
A
Property subtype
office
Space & Availability
Available Space
48,934 SF
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Spaces For Lease
at 12 S 1st St Contact us- Floor
- 1st
- Size
- 48,934 SF
- Type
- Office
- Term
- Negotiable
- Availability
- Jan 2027
Available Space
Listing Agency:
San Jose
(650) 575-8681
Listed By:
Shawn Kellenberger · License #01706215
(650) 575-8681
Source:
Property.jll
Added: Jul 17
Changed: Aug 30
Last Checked: Aug 30 at 1:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of San Jose
Investment Insights
Based on property information with market context.
Bank of Italy Tower offers approximately 48,934 RSF across a historic downtown San Jose building. The planned layout includes approximately 19,297 RSF across three top-floor levels, 6,193 RSF of mezzanine offices on two levels, 14,444 RSF in the former bank hall, and 9,000 RSF on the lower level. The bank hall provides 33-foot clear height, with potential for 46 feet, while an open plan and 24-by-32-foot pole-to-pole spacing limit interior obstructions. A new 5-megawatt electrical feed supports demanding operational requirements, and delivery vehicles can reach the property from Fountain Alley via direct street access.
The property is located at 12 S 1st St at the intersection of First Street and Santa Clara Street in downtown San Jose. It is directly adjacent to a Santa Clara Station VTA stop, across from a planned Downtown BART station, and four blocks from the Caltrain/Amtrak Diridon Station. Highway 87 provides connections to I-280, US-101, and I-880, while San Jose International Airport is approximately 10 minutes away. Construction is scheduled to start in Q1 2026.
The property is located at 12 S 1st St at the intersection of First Street and Santa Clara Street in downtown San Jose. It is directly adjacent to a Santa Clara Station VTA stop, across from a planned Downtown BART station, and four blocks from the Caltrain/Amtrak Diridon Station. Highway 87 provides connections to I-280, US-101, and I-880, while San Jose International Airport is approximately 10 minutes away. Construction is scheduled to start in Q1 2026.
Key Highlights
- Approximately 48,934 RSF of total available office space
- Approximately 14,444 RSF of former bank hall space with 33’ clear height
- New 5‑megawatt electrical feed
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,277
Businesses Nearby
Explore this area
Business Placement
Demographics for 95113, CA
2,658
Population
1,850
Households
1.4
Avg Household Size
35
Median Age
67%
College-Educated
88%
High-School Grad
0.3 sq mi
ZIP Area
8,860
Density / Sq Mi
$140,938
Median Household Income
$101,706
Median Earnings
$2,914
Median Rent
$953,100
Median Home Value
Market
Lease Benchmarks for San Jose, CA
$32.54 /SF/Yr
Avg Asking Price
$5.35–$47.4 /SF/Yr
Price Range
75,584 SF
Avg Space Size
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Historic downtown office offering with transit access, adaptable floor areas, and substantial electrical capacity.
Where is this office building located?
The property is located at 12 S 1st St San Jose, CA.
What are key features of this property?
This property features: Approximately 48,934 RSF of total available office space; Approximately 14,444 RSF of former bank hall space with 33’ clear height; New 5‑megawatt electrical feed
