2515-2545 1St St San Jose, CA 95131
- Office Properties & Spaces
- 250,056 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2515-2545 1St St
- Year built
- 2001
- Property size
- 250,056 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a four-building executive office complex totaling 250,056 square feet in Santa Clara County. The property, known as North First Commons, offers a unique chance to acquire a substantial, single-tenant office portfolio. The complex comprises four separate buildings, each with its own distinct size and availability date. Building 2525 N 1st St offers 75,432 square feet and became available August 1, 2021. Building 2535 N 1st St, encompassing 62,280 square feet, was available March 1, 2021. Building 2545 N 1st St features 62,784 square feet and became available June 1, 2021. Finally, Building 2515 N 1st St, with 49,560 square feet, was available December 1, 2020. The property boasts a two-story design and was constructed in 2001. The entire complex is currently vacant, presenting a blank canvas for a large-scale tenant or a portfolio investor. Conveniently located near Trimble Rd, the property provides ample parking with a ratio of 3.3 spaces per 1,000 square feet. A termination option exists on March 31, 2026. This is a rare opportunity to acquire a significant office complex in a desirable Santa Clara County location. The property's size and layout make it ideal for a variety of uses, offering substantial potential for future growth and return on investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.926
- Latitude
- 37.3829