Class A Office/R&D
5799 Fontanoso Way San Jose, CA 95138
For Sale
Contact for pricing
Move-in condition Class A office/R&D HQ with grade-level and dock-high loading plus 100% HVAC.
Property Size93,650 SF
Price / SF$299
Days on Market774
Property Features for 5799 Fontanoso Way
General Information
- Standard status
- Active
- Size
- 93,650 SF
- Property subtype
- FLEX_R_AND_D
Listing Agency:
CBRE | San Jose
(408) 453-7410
Listed By:
Sherman Chan · License #01014633
(408) 437-3170
Source:
Moodyscre
Added: Jun 14, 2024
Changed: Jul 25
Last Checked: Jul 26 at 1:17PM
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.
This is a two-story, Class A office/R&D headquarters building with 93,650 square feet and move-in condition interior improvements. The facility is supported by 4,000 amps at 277/480V with 3-phase power and includes 100% HVAC with approximately 240 tons of capacity. Operational features include both grade-level and dock-high loading, with 10-foot ceiling heights throughout. An onsite cafe is also included, along with a parking ratio of 3.4 spaces per 1,000 square feet.
The property is located at 5799 Fontanoso Way in San Jose, California, with convenient access to Highway 101 and an amenity-rich surrounding area.
The property is located at 5799 Fontanoso Way in San Jose, California, with convenient access to Highway 101 and an amenity-rich surrounding area.
Key Highlights
- Two‑story Class A office/R&D HQ building totaling 93,650 SF
- Move‑in condition with high‑end improvements
- 100% HVAC with 240 tons capacity
Financial Insights For Flex RnD
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 | $3.00M | $32.04 |
| − Vacancy | −$318.1k | −$3.40 |
| EGI | $2.68M | $28.64 |
| − OpEx | −$938.9k | −$10.03 |
| NOI | $1.74M | $18.62 |
93,650 SF · lease $32.04/SF/yr · vacancy 10.60% · expense 35.00%
Alternative Uses
Best Use
Office B
$47.06M
$41.18M – $54.91M
NOI $3,294,524 @ 7.0% cap · market cap 11.77%
Second Best
Flex RnD
$24.91M
$21.80M – $29.06M
NOI $1,743,617 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$56.56M
$49.49M – $65.98M
NOI $3,959,066 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Celestial City Health ...
Insurance Agency
Similar Off Market Nearby
- IDT Café — 6024 Silver Creek Valley Rd, San Jose, CA 95138
FAQs
What type of property is this?
Flex space - Move-in condition Class A office/R&D HQ with grade-level and dock-high loading plus 100% HVAC.
Where is this flex space located?
The property is located at 5799 Fontanoso Way San Jose, CA.
What is the asking price?
The asking price for this property is $28,001,350.
What are key features of this property?
This property features: Two‑story Class A office/R&D HQ building totaling 93,650 SF; Move‑in condition with high‑end improvements; 100% HVAC with 240 tons capacity
