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Office Building with Leaseback Option
For Sale
Contact for pricing
Pending

4850 Union Ave, San Jose, CA 95124

Multi-floor office property offering partial or full-building occupancy flexibility at closing.

Property SizeContact for details
Days on Market142

Property Features for 4850 Union Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: Cushman & Wakefield - San Jose/Silicon Valley, California
Listed By: Dolores Estrada · License #CA 02083800
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:21PM

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 Cushman & Wakefield - San Jose/Silicon Valley, California

Investment Insights

Based on property information with market context.

4850 Union Ave is an office building available for acquisition with flexible occupancy options. The property may be conveyed with either 50% or 100% vacancy at closing, supporting both partial-building and full-building use strategies.

The current tenant is willing to lease back either the first or second floor for a three-year term at a market rate. This structure provides an alternative for maintaining occupancy in part of the building while retaining flexibility for the balance of the property.

Key Highlights

  • Partial‑building or full‑building availability
  • Can be delivered 50% or 100% vacant at closing
  • Existing tenant willing to lease back the first or second floor

Property Analytics

Current Use

Slatkin Neal E ... Physician Dr. Theodore Cohen, ... Physician Mary Zuccaro Pediatrician Sutter Care at Home ... Nursing Home Mary Lois Comeskey Foster Care Service

Suggested Use

Top Pick Law Firm Restaurant Parking Lot & Garage Food Market Grocery & Convenience Store (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.

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 95124, CA

50,054
Population
18,143
Households
2.8
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
7,584
Density / Sq Mi
$188,433
Median Household Income
$90,422
Median Earnings
$2,936
Median Rent
$1,596,700
Median Home Value

Market

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-floor office property offering partial or full-building occupancy flexibility at closing.
Where is this office building located?
The property is located at 4850 Union Ave San Jose, CA.
What are key features of this property?
This property features: Partial‑building or full‑building availability; Can be delivered 50% or 100% vacant at closing; Existing tenant willing to lease back the first or second floor
More about this property
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