1569 Lexann AVE 224, San Jose, CA 95121
COMMERCIAL - SAN JOSE, CA
- Added:
- Jun 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 13 at 10:06 am
Property Features for 1569 Lexann AVE 224
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- APD
- Standard status
- Active
- Lot size
- 0.05 Acres
Utilities
- Heating system
- None (Heating)
- Water source
- Public
Building Details
- Year built
- 2007
- Flooring type
- Concrete
- Roof type
- Metal
Listing agent Thao Dang & Brian Ng License #70013767 (408) 972-1367
Listing office Block Change Real Estate 6120 Hellyer Ave #175, San Jose, CA (408) 655-0878
Listing date Jun 8, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Second‑floor office condominium at 1569 Lexann Avenue, Suite 224, in the Lexann Professional Center
- Approximately 1,100+ SF with a flexible open floor plan for professional or medical office use
- Built in 2007; concrete flooring and a metal roof
- Public water supply; heating listed as none
- Located near East Capitol Expressway with convenient access to major transportation routes
- Ample on‑site parking; nearby tenants include Target, Costco, CVS, Sprouts, and Starbucks
Overview
The property is located in the Evergreen neighborhood of San Jose and sits near East Capitol Expressway within an active retail and commercial corridor. Nearby tenants and retailers include Target, Costco, CVS Pharmacy, Sprouts Farmers Market, Starbucks, and The Boiling Crab, along with numerous dining and service establishments. On-site parking and convenient access to major transportation routes support day-to-day accessibility for both staff and clients.
This second-floor office condo is a practical fit for an owner-user seeking a professional workspace, or for an investor evaluating a versatile professional/medical-ready unit in a multi-tenant center. The combination of an adaptable interior layout, established professional center setting, and convenient access to surrounding services can help simplify operations for a variety of service-oriented businesses under the APD zoning designation.
Local 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 | $61.6k | $56.04 |
| − Vacancy | −$10.0k | −$9.13 |
| EGI | $51.6k | $46.91 |
| − OpEx | −$12.9k | −$11.73 |
| NOI | $38.7k | $35.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.8146334
- Latitude
- 37.3078584
