Medical Office with Dental
For Sale
$800,000
1569 Lexann Avenue, San Jose, CA 95121
The vacant suite has dedicated treatment areas, patient reception and waiting space, and on-site parking.
Property Size998 SF
Price / SF$801.60
Days on Market30
Property Features for 1569 Lexann Avenue
General Information
Standard status
Active
Size
998 SF
Property subtype
Commercial
Zoning
APD
Site & Location
Neighborhood
Evergreen
Additional Details
Condition
Move-in Ready
Business Included
Yes
Property Use
Medical Office
Medical Specialty
dental
Building Details
Building Size
998 SF
Year Built
2007
Listing Agency:
LTN Realty Inc.
Listed By:
Alex Tran
(408) 687-9809
Source:
Gezarealty
Added: Oct 2
Changed: Oct 26
Last Checked: Oct 30 at 7:31AM
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 LTN Realty Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 998-square-foot medical office in San Jose is vacant and set up with dental equipment. Its layout includes three exam and treatment rooms, a private office, reception, a waiting area, one restroom, and storage. The suite is within a professional office complex built in 2007 and is zoned APD.
On-site parking serves the complex at 1569 Lexann Avenue. The existing room arrangement and equipment provide a defined clinical-office configuration, with separate areas for patient visits, administration, reception, and storage.
On-site parking serves the complex at 1569 Lexann Avenue. The existing room arrangement and equipment provide a defined clinical-office configuration, with separate areas for patient visits, administration, reception, and storage.
Key Highlights
- 998‑square‑foot medical office suite
- Configured with dental equipment
- Three exam and treatment rooms, private office, reception, waiting area, restroom, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,109
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,180
$702.2K
Cap Rate 7%
$501,557
$501.6K
Cap Rate 9%
$390,100
$390.1K
Market Conditions
NOI Build-Up for 998 SF
Gross rent
$55.9K $56.04/SF
− Vacancy
−$9.1K −$9.13/SF
EGI
$46.8K $46.91/SF
− OpEx
−$11.7K −$11.73/SF
NOI
$35.1K $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,180
Cap Rate 7%
$501,557
Cap Rate 9%
$390,100
Alternative Uses
Best Use
Office B
$501.6K
$438.9K – $585.2K
NOI $35,109 @ 7.0% cap · market cap 4.39%
Second Best
Healthcare Medical
$238.7K
$208.8K – $278.5K
NOI $16,707 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$602.7K
$527.4K – $703.2K
NOI $42,191 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95121, CA
37,609
Population
9,918
Households
3.8
Avg Household Size
41
Median Age
34%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
8,548
Density / Sq Mi
$133,700
Median Household Income
$51,811
Median Earnings
$2,912
Median Rent
$1,024,700
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The vacant suite has dedicated treatment areas, patient reception and waiting space, and on-site parking.
Where is this medical office space located?
The property is located at 1569 Lexann Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 998‑square‑foot medical office suite; Configured with dental equipment; Three exam and treatment rooms, private office, reception, waiting area, restroom, and storage
