Office for Lease in San Jose, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Jose, CA 95113
Description
We are looking for food and beverage and retail tenants that can benefit from: 1. estimated 3,000 residents that live within short walking distance 2. Downtown San Jose’s approximately 12 million square foot office market with tenants like Zoom and Adobe over 1500 Hotel rooms that host the millions of visitors to Downtown annually 3. proximity to the 550,000 SF San Jose Convention Center that serves hundreds of events annually 4. Notre Dame High School, Hillbrook High School, and San Jose State University with combined population of over 35,000 students 5. Numerous arts and entertainment patrons and venues located in the SOFA district 6. Project is located at key gateway into downtown 7. Easy Access to Hwys on/off ramp 8. Convenient parking located on the street or in the city lot near building
Market Context
This office in San Jose, CA is listed for lease. It has been on the market for 21 days. Compare it against other office listings for lease in San Jose, CA — <a href="/search/lease/office/california/san-jose">view the full market</a>.
As of Q1 2026, the Silicon Valley office market showed a 2.9% vacancy rate, average asking rents near $20.16/SF/yr, rents up 4.3% year over year, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- What is the typical cap rate for office in Silicon Valley?
- About 6.2% as of Q1 2026, per Consensus.
- Is the Silicon Valley office market tightening or softening?
- Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).
Unified Estimate
Medium Confidence$2.95/SF/mo – $3.98/SF/mo
Mid: $3.46/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Geri Wong · 1408987-4134 · geri.wong@nmrk.com
- Geri Wong · 1408987-4134 · geri.wong@nmrk.com
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