1190 Saratoga Ave — Lease in San Jose, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Jose, CA 95129
  • Size: 43,444 SF
  • Year built: 1987

Description

Market Context

This office in San Jose, CA is listed for lease across 43,444 SF. The building dates to 1987. It has been on the market for 114 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

$1.04/SF/mo – $1.40/SF/mo

Mid: $1.22/SF/mo

Estimated total for 43,444 SF: $53,002 per month

Rate estimator only; cost-of-business estimate unavailable.

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