35 S Market Street — Lease in San Jose, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Jose, CA 95113
Description
35 S Market Street
Market Context
This office in San Jose, CA is listed for lease. It has been on the market for 197 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
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Mike Charters · +1 408 453 7489 · mike.charters@cbre.com
- Michael Grado · +1 408 4537409 · mike.grado@cbre.com
- Will Schmidt · +1 408 453 7408 · will.schmidt@cbre.com
Explore this market
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