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Campbell Office Building For Sale

35 Dillon Avenue Campbell, CA 95008

35 Dillon Avenue, Campbell, CA, 95008
$2,200,000
For Sale
Claim this Listing
$2,200,000

Single-story office building near Downtown Campbell and public transit.

Property Size2,490 SF
Lot Size0.10 Acres
Price / SF$883.53
AddedMar 25
Days on Market112
Last RefreshJul 4 at 12:49 am

Property Features for 35 Dillon Avenue

General Information

Standard status
Active
Size
2,490 SF
Lot size
0.10 Acres
Property subtype
Office

Listing office CBRE | San Jose

Listing date Mar 25, 2026

Source Cbre

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


Investment Insights

Based on property information with market context.

The property at 35 Dillon Avenue, Campbell, CA, presents a rare opportunity to acquire a fee simple interest. This single-story office building, totaling 2,490 square feet on a 4,200 square foot lot, is currently configured as two separate units with recently upgraded interiors. Its flexible zoning and proximity to Downtown Campbell offer various possibilities, including maintaining its current use or repositioning it to suit the local area. Situated steps from the Campbell Light Rail (VTA) and directly across from the future Cresleigh Homes mixed-use development, this transit-oriented property is suitable for both investors and owner-users.

Key Highlights

  • Transit‑oriented location: Steps from Campbell Light Rail (VTA).
  • Flexible zoning and proximity to Downtown Campbell offer diverse usage or repositioning opportunities.
  • Recently upgraded modern interiors.

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 $139.5k $56.04
− Vacancy −$22.7k −$9.13
EGI $116.8k $46.91
− OpEx −$29.2k −$11.73
NOI $87.6k $35.18
2,490 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,596 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,228 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Alldent Dental Office Faroutcatering Take-out & Catering Denart Dental Office Copper-Burton, Inc. Corporate Office Miranda Office Law Firm

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Travel Agency Bed & Breakfast (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Fish Market Car Rental Facility Clothing & Fashion Store

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

FAQs

What type of property is this?
Office building - Single-story office building near Downtown Campbell and public transit.
Where is this office building located?
The property is located at 35 Dillon Avenue Campbell, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Transit‑oriented location: Steps from Campbell Light Rail (VTA).; Flexible zoning and proximity to Downtown Campbell offer diverse usage or repositioning opportunities.; Recently upgraded modern interiors.
Contact an agent
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