Medical Office Suite with Exam
1210 E Arques Ave Sunnyvale, CA 94085
For Sale
Contact for pricing
Previously an optometrist office with a large lobby, four plumbed exam rooms, and a plumbed dispensary room.
Property Size2,524 SF
Price / SF$790.41
Days on Market490
Property Features for 1210 E Arques Ave
General Information
Standard status
Active
Size
2,524 SF
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | San Jose
(408) 572-4125
Listed By:
Scott Ennis
Source:
Moodyscre
Added: Mar 27, 2025
Changed: Jul 28
Last Checked: Jul 28 at 10:31PM
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 Cushman & Wakefield | San Jose
Investment Insights
Based on property information with market context.
This medical office suite was previously operated as an optometrist’s office and is laid out with an expansive lobby/reception area. The interior includes four plumbed exam rooms, one plumbed dispensary room, and two well-appointed bathrooms. Additional support work rooms and ample storage area help accommodate day-to-day workflow.
The offering combines two condo units into one. The property includes the basic medical buildout elements needed for exam and dispensing functions, with multiple plumbed treatment rooms already in place.
Overall, the space is configured around a reception-first arrival experience, supported by dedicated exam and dispensary rooms plus back-of-house work and storage areas.
The offering combines two condo units into one. The property includes the basic medical buildout elements needed for exam and dispensing functions, with multiple plumbed treatment rooms already in place.
Overall, the space is configured around a reception-first arrival experience, supported by dedicated exam and dispensary rooms plus back-of-house work and storage areas.
Key Highlights
- Previously an optometrist’s office
- Expansive lobby/reception area
- Four plumbed exam rooms
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.3k | $36.96 |
| − Vacancy | −$18.5k | −$7.32 |
| EGI | $74.8k | $29.64 |
| − OpEx | −$18.7k | −$7.41 |
| NOI | $56.1k | $22.23 |
2,524 SF · lease $36.96/SF/yr · vacancy 19.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$801.6K
$701.4K – $935.2K
NOI $56,112 @ 7.0% cap · market cap 2.81%
Second Best
Healthcare Medical
$654.2K
$572.4K – $763.3K
NOI $45,795 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.10M
$959.7K – $1.28M
NOI $76,775 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - Previously an optometrist office with a large lobby, four plumbed exam rooms, and a plumbed dispensary room.
Where is this medical office space located?
The property is located at 1210 E Arques Ave Sunnyvale, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Previously an optometrist’s office; Expansive lobby/reception area; Four plumbed exam rooms