3060 1St St San Jose, CA 95134
- Office Properties & Spaces
- 148,846 SF
Current Use by Public Records
- Colliers International / Corporate Office
Property Details for 3060 1St St
- Property size
- 148,846 SF
- Property type
- Office Properties & Spaces
Description
This exceptional Class A, steel-framed mid-rise office campus, totaling 148,846 square feet, presents a significant investment opportunity in San Jose's thriving North First Street corridor. Located within the coveted "Golden Triangle" of Silicon Valley, this property boasts a prime location adjacent to light rail (VTA), offering convenient access to public transportation and major thoroughfares. The campus is situated near the San Jose airport and in close proximity to major technology companies including Apple, Google, and Samsung. The property sits on a substantial 408,811 square foot lot and offers flexible business plan potential, accommodating either a single large tenant or multiple smaller tenants. The asking price is $100,000,000, translating to $671.84 per square foot. This large-scale development presents an immediate value-creation opportunity for discerning investors seeking a high-quality asset in a dynamic market. The property is currently vacant, providing a blank canvas for a new owner to customize and lease to their specifications. The gross lease structure simplifies management and provides predictable income streams. This is a rare opportunity to acquire a significant office campus in one of the most sought-after locations in Silicon Valley. The property's size and location make it ideal for a headquarters office, R&D facility, or a multi-tenant office complex. The APN is 101-30-002.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.934
- Latitude
- 37.3967
