8000 Santa Teresa BlvdGilroy, CA 95020

Property Details for 8000 Santa Teresa Blvd

Year built

1994

Construction

WOOD FRAME

Lot size

2.14 AC

Property size (Sq ft)

19,209 SF

Zone code

C3

Property type

Office properties

Property subtype

Office buildings

APN

790-39-032

APU

79039032

Description

This exceptional single-tenant executive office space, located at 8000 Santa Teresa Boulevard in Santa Clara County, presents a unique leasing opportunity. The property boasts a total building size of 19,347 square feet, situated on a generous 2.14-acre lot. Currently, 7,329 square feet of office space is readily available for lease. Built in 2000, this single-story building offers a modern and efficient layout, ideal for a variety of businesses seeking a prestigious location. The property's ample size and single-tenant occupancy provide significant flexibility and control for the lessee. The strategic location in Santa Clara County offers excellent access to major transportation arteries, ensuring convenient commutes for employees and clients alike. This is an exceptional opportunity to secure a substantial and well-maintained office space in a highly desirable area. The property's single-story design provides ease of access and navigation, while the expansive lot size offers ample parking and potential for future expansion or outdoor amenities. Serious inquiries are encouraged to explore this prime commercial real estate offering. The property's modern design and convenient location make it an attractive option for businesses seeking a high-quality workspace in a thriving business environment. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,752,314

  6.5%

  $5,309,828

  7%

  $4,930,556

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,357,582

  Geo Method

  $5,357,582

• Alternative Use

  Use

  Valuation

  Residential

  $6,584,188

  Hospitality

  $6,031,080

  Educational

  $5,017,788

  Medical

  $5,190,358

  Retail

  $7,805,448

Location Insight

City

Gilroy

County

Santa Clara

State

California

Latitude

37.014

Longitude

-121.599

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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