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    San Jose Flex/Industrial Space Title is generated by Realmo AI

    150 Nortech Pkwy, San Jose, CA

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    High-image flex/industrial space with new amenities in San Jose.

    Type:INDUSTRIAL
    Property size:
    40,420 SF
    Lot size:
    2.51 Acres
    Price / SF:
    $385/SF
    Added:
    Nov 24, 2025
    Days on Market:
    224
    Last Refresh:
    May 20 at 8:42 pm

    Property Features for 150 Nortech Pkwy

    General Information

    Standard status
    Active
    Size
    40,420 SF
    Lot size
    2.51 Acres
    Property subtype
    INDUSTRIAL

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    Steve Pace
    Steve Pace

    Listing office Cushman & Wakefield | San Jose

    Listing date Nov 24, 2025

    Source Moodyscre

    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

    HighLights

    • New open area suitable for lab, manufacturing, and warehouse use.
    • New private offices and conference room.
    • New 100% HVAC system.
    • New breakroom with outdoor seating.
    • High image clear glass entryway.
    • 9’ doors and 10’ ceilings in offices and conference room.

    Overview

    This flex/industrial property in San Jose, California, offers 40,420 square feet of space suitable for a variety of uses, including manufacturing and warehousing. The property features a new high-image clear glass entryway, a new breakroom with outdoor seating, and new private offices and a conference room with 9-foot doors and 10-foot ceilings. The space is fully HVAC-equipped and includes an open area suitable for lab, manufacturing, or warehouse use.

    Local Financial Insights For Warehouse

    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 $1.04M $25.80
    − Vacancy −$79.0k −$1.96
    EGI $963.8k $23.84
    − OpEx −$144.6k −$3.58
    NOI $819.2k $20.27
    40,420 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $11.70M
    $10.24M – $13.65M (±1% cap)
    NOI $819,221 @ 7.0% cap · market cap 5.26%
    Second Best
    Flex RnD
    $10.75M
    $9.41M – $12.54M (±1% cap)
    NOI $752,558 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $24.41M
    $21.36M – $28.48M (±1% cap)
    NOI $1,708,761 @ 7.0% cap · market cap 10.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Spa & Massage Center Law Firm Auto Repair Shop Dental Office Big Box & Wholesale Store Building Supply Gym & Fitness Center Auto Parts Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.955
    Latitude
    37.423

    FAQs

    What type of property is this?
    Flex space - High-image flex/industrial space with new amenities in San Jose.
    Where is this flex space located?
    The property is located at 150 Nortech Pkwy San Jose, CA.
    What is the asking price?
    The asking price for this property is $15,561,700.
    What are key features of this property?
    This property features: New open area suitable for lab, manufacturing, and warehouse use.; New private offices and conference room.; New 100% HVAC system.
    (408) 615-3400 Call to check price and availability
    More about this property
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