2540 N 1st St — Sale in San Jose, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: San Jose, CA 95131
Description
2540 N First Street, Suite 280, San Jose | ±4,133 SF Please contact us for further information.
Market Context
This office in San Jose, CA is listed for sale. It has been on the market for 142 days. Compare it against other office listings for sale 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 assets trade 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).
Contact
- Maryjane Bengiveno · maryjane.bengiveno@jll.com
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