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    5883 Rue Ferrari San Jose, CA 95138

    Sponsored
    For Lease
    $21 SF/Yr

    95,860 SF Multi-Tenant Commercial Building

    Lot size:
    95,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 5883 Rue Ferrari, offers a unique blend of office and research & development space, ideal for a variety of businesses. The building boasts a substantial total area of 95,860 square feet, currently configured for multiple tenants. A significant portion of the building is currently occupied, demonstrating strong market demand and a stable tenant base. However, there is also a notable 13,616 square feet of vacant space immediately available for lease, presenting a fantastic opportunity for expansion or new tenancy. The property's classification as both commercial and R&D signifies its adaptability to diverse operational needs. This versatile space is well-suited for companies requiring a combination of office environments and specialized research or development facilities. The multi-tenant structure offers flexibility for businesses of varying sizes, fostering a collaborative and dynamic atmosphere. Interested parties are encouraged to inquire about lease terms and available floor plans to explore the possibilities this property offers. The substantial square footage and strategic location make this an exceptional investment opportunity for businesses seeking to establish or expand their presence in a thriving commercial area. The available vacant space provides immediate occupancy potential, minimizing downtime and maximizing operational efficiency. Don't miss this chance to secure a prime location in a dynamic market.

    Property Features for 5883 Rue Ferrari

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    95,860 SF
    Total Rate
    167755

    Unit(s) available at that property

    Space
    Available Space 100
    Size
    13,616 SF
    Rate per SF
    $21

    HighLights

    • 95,860 square foot office and industrial building.
    • Multiple tenants currently occupy the space.
    • 13,616 square feet of vacant space available for lease.
    • Property is classified as Commercial and R&D.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carrington College College Jan Marini Skin ... Corporate Office Axtel HQ Corporate Office Cypress Envirosystems Inc Manufacturer Carrington College Dental ... Dental Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.7767369
    Latitude
    37.2483655

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    FAQs

    What type of property is this?
    Life science property - 95,860 SF Multi-Tenant Commercial Building
    Where is this life science property located?
    The property is located at 5883 Rue Ferrari San Jose, CA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 95,860 square foot office and industrial building.; Multiple tenants currently occupy the space.; 13,616 square feet of vacant space available for lease.
    Request Owner's contact information
    5883 Rue Ferrari San Jose, CA 95138
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    San Jose, CA 95138
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5883 Rue Ferrari San Jose, CA 95138
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