706 W Julian St
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706 W Julian St
4,030 SF Office Building San Jose, CA 95126 $3,530,000 ($876/SF) 5.45% Cap Rate
Executive Summary
Building has been leased to Zoom since 2018. Great opportunity for an owner/user in a dynamic area. Located within walking distance of the planned Diridon Station, SAP Center and Whole Foods Market. Property includes a secured yard suitable for outdoor storage or fleet parking. The current lease expires on May 14, 2025.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,030 SF
Building Class
B
Year Built/Renovated
2000/2017
Price
$3,530,000
Price Per SF
$876
Cap Rate
5.45%
NOI
$192,404
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,030 SF
Building FAR
0.49
Land Acres
0.19 AC
Zoning
LI - Urban Village
Parking
16 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Commuter Rail
- Fenced Lot
- Signage
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 261-01-089 | Improvements Assessment | $1,794,690 |
| Land Assessment | $1,872,720 | Total Assessment | $3,667,410 |
PROPERTY TAXES
Parcel Number
261-01-089
Land Assessment
$1,872,720
Improvements Assessment
$1,794,690
Total Assessment
$3,667,410
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Power Broker Erik Barbic -
Sherman & Boone Commercial
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706 W Julian St
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