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Industrial Building with Secured Yard

390 E Gish Road, San Jose, CA 95112

For Sale
New
Contact for pricing

The fully leased property has light industrial zoning and a secured outdoor yard.

Property Size20,023 SF
Lot Size1.17 Acres
Price / SF$369.57
Days on Market6

Property Features for 390 E Gish Road

General Information

Standard status Active
Size 20,023 SF
Lot size 1.17 Acres
Property subtype INDUSTRIAL
Zoning LI
Occupancy 100%

Site & Location

Neighborhood Berryessa
Highway Access Yes
Outdoor Storage Yes

Additional Details

Tenant in Place Yes
Property Use Industrial

Building Details

Buildings 1
Building Size 20,023 SF
Listing Agency: Colliers | Silicon Valley
Listed By: Emerson Hofer · License CA #02065843
Source: Moodyscre
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 8 at 8:46AM

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 | Silicon Valley

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Investment Insights

Based on property information with market context.

At 390 E Gish Road in San Jose, this industrial property contains approximately 20,023 square feet on a 1.17-acre site measuring 50,965 square feet. The building is fully leased, and a secured yard is located on-site. Light industrial (LI) zoning applies.

Approximately 8,900 square feet is scheduled for lease rollover in December 2026. The property has access to Highway 101 and I-880 and is situated in the Silicon Valley industrial market.

Key Highlights

  • Approximately 20,023 SF industrial building on a 1.17‑acre / 50,965 SF site
  • 100% leased
  • Approximately 8,900 SF lease rollover in December 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$334,205
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,684,100 $6.7M
Cap Rate 7%
$4,774,357 $4.8M
Cap Rate 9%
$3,713,389 $3.7M
Market Conditions
NOI Build-Up for 20,023 SF
Gross rent
$516.6K $25.80/SF
− Vacancy
−$39.2K −$1.96/SF
EGI
$477.4K $23.84/SF
− OpEx
−$143.2K −$7.15/SF
NOI
$334.2K $16.69/SF
Area
San Jose, CA
Vacancy
7.58%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,684,100
Cap Rate 7%
$4,774,357
Cap Rate 9%
$3,713,389

Alternative Uses

Best Use
Industrial
$4.77M
$4.18M – $5.57M (±1% cap)
NOI $334,205 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.09M
$10.58M – $14.11M (±1% cap)
NOI $846,475 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Adapxtr Group LLC Marketing & Advertising

Suggested Use

Top Pick Dental Office Pharmacy Spa & Massage Center Hair Salon Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,947
Businesses Nearby

Demographics for 95112, CA

60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Industrial properties in San Jose, CA

$425 Jul
$379 Aug
$395 Sep
$431 Oct

Properties on Market for Industrial properties in San Jose

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - The fully leased property has light industrial zoning and a secured outdoor yard.
Where is this industrial property located?
The property is located at 390 E Gish Road San Jose, CA.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: Approximately 20,023 SF industrial building on a 1.17‑acre / 50,965 SF site; 100% leased; Approximately 8,900 SF lease rollover in December 2026
(408) 472-9129 Call to check price and availability
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