1 West Santa Clara — Lease in San Jose, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Jose, CA 95113
- Size: 101 SF
Description
Stand-Alone Creative Office Building in the Heart of Downtown San Jose
Market Context
This office in San Jose, CA is listed for lease across 101 SF. It has been on the market for 54 days. Compare it against other office listings for lease in San Jose, CA — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
- Is the Silicon Valley office market tightening or softening?
- Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$2.95/SF/mo – $3.91/SF/mo
Mid: $3.40/SF/mo
Estimated total for 101 SF: $343.40 per month
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Phil Mahoney · 1408982-8430 · phil.mahoney@nmrk.com
- Phil Mahoney · 1408982-8430 · phil.mahoney@nmrk.com
- Mike Saign · 1408982-8403 · mike.saign@nmrk.com
- Julia Szabo · 1408982-8496 · julia.szabo@nmrk.com
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