Listing Agency: CBRE | Palo Alto a***@cbre.com Show Phone

Listed By: Anthony Podesta · License #Lic. 01467260 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 9 at 4:38PM

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Investment Insights

Based on property information with market context.

This office space, totaling 5067 square feet, features renovated interiors and exteriors, making it ready for immediate occupancy. On-site parking is available. The property benefits from its location near a VTA light rail stop and offers convenient access to highways 880, 87, and 280.

Key Highlights

• Renovated interiors & exteriors
• On‑site parking available
• Ready for occupancy

Property Analytics

Property Profile

Current Use

California Bank & Trust Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Butcher Clothing & Fashion Store Veterinary Clinic

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,864

Businesses Nearby

Explore this area Business Placement

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

Market

Lease Benchmarks for San Jose, CA

$17.55 /SF/Yr

Avg Asking Price

$5.25–$42 /SF/Yr

Price Range

13,872 SF

Avg Space Size

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 units - Move-in ready office space with on-site parking and transit access.

Where is this office units located?

The property is located at 515 North First Street San Jose, CA.

What are key features of this property?

This property features: Renovated interiors & exteriors; On‑site parking available; Ready for occupancy