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Lexann Professional Center Unit 224 1569 Lexann Ave 36,364 SF 94% Leased Office Building San Jose, CA 95121 $1,176,863 CAD ($32.36 CAD/SF) 4% Cap Rate
Executive Summary
1569 Lexann Avenue, Suite 224 is a generously sized second-floor office condominium located within the well-maintained Lexann
Professional Center in the highly desirable Evergreen neighborhood of San Jose. Offering approximately 1,100+ square feet, this
versatile space is ideal for a wide range of professional or medical uses. The unit features a flexible open floor plan, allowing for
efficient customization to suit various business operations and layout preferences. Positioned near East Capitol Expressway within
Evergreens active retail and commercial corridor, the property benefits from excellent visibility and strong surrounding amenities.
Nearby tenants and retailers include Target, Costco, CVS Pharmacy, Sprouts Farmers Market, Starbucks, The Boiling Crab, and
numerous dining and service establishments. The property also offers convenient access to major transportation routes and ample
on-site parking, enhancing accessibility for both clients and staff. An excellent opportunity for an owner-user or investor seeking a
professional office space in a thriving Silicon Valley location. The information contained herein includes but is not limited to square
footage and lot size * from 1 or more sources has not been independently verified by the listing office or its agent. Buyers should
conduct their own investigation regarding such information. Please prefer CAR forms.
Professional Center in the highly desirable Evergreen neighborhood of San Jose. Offering approximately 1,100+ square feet, this
versatile space is ideal for a wide range of professional or medical uses. The unit features a flexible open floor plan, allowing for
efficient customization to suit various business operations and layout preferences. Positioned near East Capitol Expressway within
Evergreens active retail and commercial corridor, the property benefits from excellent visibility and strong surrounding amenities.
Nearby tenants and retailers include Target, Costco, CVS Pharmacy, Sprouts Farmers Market, Starbucks, The Boiling Crab, and
numerous dining and service establishments. The property also offers convenient access to major transportation routes and ample
on-site parking, enhancing accessibility for both clients and staff. An excellent opportunity for an owner-user or investor seeking a
professional office space in a thriving Silicon Valley location. The information contained herein includes but is not limited to square
footage and lot size * from 1 or more sources has not been independently verified by the listing office or its agent. Buyers should
conduct their own investigation regarding such information. Please prefer CAR forms.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Building Size
36,364 SF
Building Class
B
Year Built
2007
Price
$1,176,863 CAD
Price Per SF
$32.36 CAD
Cap Rate
4%
NOI
$47,075 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,170 SF
Slab To Slab
12’
Building FAR
0.54
Lot Size
1.54 AC
Zoning
APD - It is zoned as Commercial Office Space.
Parking
60 Spaces (51.28 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Monthly Rent is $4,250 plus HOA fee and utilities. This furnished office is plug-and-play ready for your dental business. https://my.matterport.com/show/?m=UyZKDWkHUDP
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 228 | 1,184 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 228
| Size |
| 1,184 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 47
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 228
| Size | 1,184 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Monthly Rent is $4,250 plus HOA fee and utilities. This furnished office is plug-and-play ready for your dental business. https://my.matterport.com/show/?m=UyZKDWkHUDP
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,074,426 CAD | |
| Land Assessment | $723,872 CAD | Total Assessment | $1,798,298 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$723,872 CAD
Improvements Assessment
$1,074,426 CAD
Total Assessment
$1,798,298 CAD
1 of 89
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Lexann Professional Center Unit 224 | 1569 Lexann Ave
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