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San Jose Industrial Facility For Sale

90 Pullman Way San Jose, CA 95111

90 Pullman Way, San Jose, CA, 95111
$5,500,000
For Sale
Claim this Listing
$5,500,000

Industrial building with heavy power, convenient loading, and flexible occupancy.

Property Size22,837 SF
Lot Size0.53 Acres
Price / SF$240.84
AddedMar 25
Days on Market114
Last RefreshJul 16 at 2:29 am

Property Features for 90 Pullman Way

General Information

Standard status
Active
Size
22,837 SF
Lot size
0.53 Acres
Property subtype
Industrial

Listing office CBRE - San Jose

Listing date Mar 25, 2026

Source Cbre

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 CBRE - San Jose


Investment Insights

Based on property information with market context.

This industrial property, located in San Jose, CA, features heavy industrial zoning and includes approximately 15% office area. The property is situated on an approximately 0.53-acre lot and provides parking with 4 surface spaces, plus street parking. The building has a clear height of 15 to 16 feet. It is equipped with fire sprinklers, grade-level loading, and heavy power at 800 amps / 240 V (buyer to verify). This property is suitable for either investment or owner-user purchase. Existing tenants are on shorter-term leases, and the property can be delivered vacant. It features six oversized grade-level roll-up doors (three in front, three in rear), 12’ X 14’ insulated ceilings in the warehouse portion, and air conditioning in approximately 2,000 square feet of the warehouse. The property also includes a fenced parking and loading area in the rear. The building size is 22,837 square feet.

Key Highlights

  • Heavy Industrial Zoning
  • Delivered Vacant or with Existing Tenants on Shorter Term Leases
  • Enjoy the convenience of 6 oversized grade level roll up doors (3 in front, 3 in rear)

Local Financial Insights For Industrial

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 $589.2k $25.80
− Vacancy −$46.0k −$2.01
EGI $543.2k $23.79
− OpEx −$163.0k −$7.14
NOI $380.3k $16.65
22,837 SF · lease $25.80/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$5.43M
$4.75M – $6.34M (±1% cap)
NOI $380,266 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.71M
$12.00M – $16.00M (±1% cap)
NOI $959,704 @ 7.0% cap · market cap 17.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Arthur Langlie Services Industrial Manufacturer

Suggested Use

Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Restaurant Skin Care Clinic Pharmacy Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial property - Industrial building with heavy power, convenient loading, and flexible occupancy.
Where is this industrial property located?
The property is located at 90 Pullman Way San Jose, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Heavy Industrial Zoning; Delivered Vacant or with Existing Tenants on Shorter Term Leases; Enjoy the convenience of 6 oversized grade level roll up doors (3 in front, 3 in rear)
Contact an agent
More about this property
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