Corner Office Suite in Garden
For Sale
Contact for pricing
1754 Technology Dr, San Jose, CA 95110
Corner suite offers expansive glass, three private offices, kitchenette, and open area within an elevator-served building.
Property Size1,234 SF
Price / SF$547
Days on Market366
Property Features for 1754 Technology Dr
General Information
Standard status
Active
Size
1,234 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
Building Conference Room
Elevator Served
Kitchenette
Free Shuttle to San Jose Mineta International Airport
Free Shuttle to Caltrain
Building Details
Stories
2
Listing Agency:
Colliers | San Francisco
(415) 288-7817
Listed By:
Mark Kuiper · License #01958824
(408) 221-3553
Source:
Moodyscre
Added: Aug 11, 2025
Changed: Jul 27
Last Checked: Aug 11 at 6:17AM
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 Colliers | San Francisco
Investment Insights
Based on property information with market context.
This corner office suite is located within a two-story garden office complex and features an expansive glass line. The suite includes three private offices, a kitchenette, an open office area, and access to a building conference room. An elevator provides service to the suite, and the space is separately metered for PG&E.
Parking is available at a reported ratio of 4.5 per 1,000 SF (based on USF). The offering is described as suitable for medical uses, and it includes shuttle service (or an approximately 8-minute walk) to San Jose Mineta International Airport, along with free shuttle access to Caltrain.
Convenient highway access is noted for Highways 101 and 87. The property is also positioned near restaurants, hotels, and other amenities, with access from 1754 Technology Dr in San Jose.
Parking is available at a reported ratio of 4.5 per 1,000 SF (based on USF). The offering is described as suitable for medical uses, and it includes shuttle service (or an approximately 8-minute walk) to San Jose Mineta International Airport, along with free shuttle access to Caltrain.
Convenient highway access is noted for Highways 101 and 87. The property is also positioned near restaurants, hotels, and other amenities, with access from 1754 Technology Dr in San Jose.
Key Highlights
- Corner suite in a two‑story garden office complex with an expansive glass line
- Includes 3 private offices, a kitchenette, and an open office area
- Building offers an elevator and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,411
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,220
$868.2K
Cap Rate 7%
$620,157
$620.2K
Cap Rate 9%
$482,344
$482.3K
Market Conditions
NOI Build-Up for 1,234 SF
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.
Gross rent
$69.2K $56.04/SF
− Vacancy
−$11.3K −$9.13/SF
EGI
$57.9K $46.91/SF
− OpEx
−$14.5K −$11.73/SF
NOI
$43.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$868,220
Cap Rate 7%
$620,157
Cap Rate 9%
$482,344
Alternative Uses
Best Use
Office B
$620.2K
$542.6K – $723.5K
NOI $43,411 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$745.3K
$652.1K – $869.5K
NOI $52,168 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 95110, CA
20,495
Population
7,568
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
4,455
Density / Sq Mi
$132,800
Median Household Income
$60,241
Median Earnings
$2,629
Median Rent
$947,900
Median Home Value
Market
Vacancy Rate% for Office in San Jose, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner suite offers expansive glass, three private offices, kitchenette, and open area within an elevator-served building.
Where is this office units located?
The property is located at 1754 Technology Dr San Jose, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Corner suite in a two‑story garden office complex with an expansive glass line; Includes 3 private offices, a kitchenette, and an open office area; Building offers an elevator and a conference room
