Two-Story Professional Office
For Sale
Contact for pricing
16268 Los Gatos Boulevard, Los Gatos, CA 95032
Two-story office property featuring stucco and tile exterior finishes, tinted storefront glazing, and a concrete garage interior.
Property Size6,915 SF
Days on Market137
Property Features for 16268 Los Gatos Boulevard
General Information
Standard status
Active
Size
6,915 SF
Class
Class A
Property subtype
Office
Building Details
Stories
2
Construction
post-tensioned concrete
Listing Agency:
CBRE | San Jose
Listed By:
Mark Christierson · License #01296954
(408) 453-7452
Source:
Cbre
Added: Jun 2
Changed: Sep 30
Last Checked: Oct 14 at 8:47PM
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
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Investment Insights
Based on property information with market context.
This 6,915-square-foot office building in Los Gatos offers a two-story configuration with custom architectural detailing. Exterior materials include smooth stucco, tile accents, an anodized storefront window system with light green tint, and a charcoal concrete tile roof. The building also includes a post-tensioned elevated concrete slab and a garage with exposed concrete finishes.
Located at 16268 Los Gatos Boulevard, the property provides an established office setting within Los Gatos. Its combination of professional office use, durable construction materials, and defined architectural finishes supports a range of office occupancy needs.
Located at 16268 Los Gatos Boulevard, the property provides an established office setting within Los Gatos. Its combination of professional office use, durable construction materials, and defined architectural finishes supports a range of office occupancy needs.
Key Highlights
- 6,915‑square‑foot, two‑story office building
- Post‑tensioned elevated concrete slab construction
- Smooth stucco exterior with tile appointments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$243,264
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,865,280
$4.9M
Cap Rate 7%
$3,475,200
$3.5M
Cap Rate 9%
$2,702,933
$2.7M
Market Conditions
NOI Build-Up for 6,915 SF
Gross rent
$387.5K $56.04/SF
− Vacancy
−$63.2K −$9.13/SF
EGI
$324.4K $46.91/SF
− OpEx
−$81.1K −$11.73/SF
NOI
$243.3K $35.18/SF
Area
Santa Clara County, 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%
$4,865,280
Cap Rate 7%
$3,475,200
Cap Rate 9%
$2,702,933
Alternative Uses
Best Use
Office B
$3.48M
$3.04M – $4.05M
NOI $243,264 @ 7.0% cap · market cap 6,852,507.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.17M
$3.65M – $4.87M
NOI $292,228 @ 7.0% cap · market cap 8,231,774.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 95032, CA
28,109
Population
11,146
Households
2.5
Avg Household Size
45
Median Age
76%
College-Educated
98%
High-School Grad
18.7 sq mi
ZIP Area
1,503
Density / Sq Mi
$195,188
Median Household Income
$128,689
Median Earnings
$3,123
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office property featuring stucco and tile exterior finishes, tinted storefront glazing, and a concrete garage interior.
Where is this office building located?
The property is located at 16268 Los Gatos Boulevard Los Gatos, CA.
What are key features of this property?
This property features: 6,915‑square‑foot, two‑story office building; Post‑tensioned elevated concrete slab construction; Smooth stucco exterior with tile appointments
