16185 Los Gatos Boulevard
Prime Los Gatos Office/Retail with Availability & In-Place Cash Flow
Marketing description
ATTRACTIVE MARKET FUNDAMENTALS
► Strong Los Gatos/Saratoga Market Fundamentals | The asset benefits from tight submarket fundamentals, with retail vacancy of approximately 3.4% and office vacancy of approximately 10.2%. Notably, the local office vacancy meaningfully outperforms the broader Silicon Valley office market, which closed the first quarter of 2026 at 15.4% (CBRE Research).
HIGH-VALUE, AFFLUENT LOCATION
► Exclusive, High-Income Community | Los Gatos ranks among the most affluent communities in Silicon Valley, with a median household income of approximately $217,554 — more than double the national figure — and a median home value of approximately $2,000,000, underpinning durable demand for retail, medical, and professional services (U.S. Census Bureau).
► Desirable Boulevard Location with High-Density Retail | Located on Los Gatos Boulevard, the property enjoys prominent frontage along one of the town’s most desirable commercial thoroughfares, benefiting from excellent visibility and signage, immediate access to Highways 17 and 9, a wide variety of retail and residential amenities, and convenient proximity to both downtown Los Gatos and Mineta San José International Airport.
Investment highlights
Download OM here: https://bit.ly/16185losgatosCX
ATTRACTIVE OWNER-USER MIXED-USE OPPORTUNITY IN PRIME LOS GATOS LOCATION
► Two-Story Office/Retail Offering | 16185 Los Gatos Boulevard presents the opportunity for an owner-user or investor to acquire a ±20,150-square-foot, two-story office and retail building positioned along one of Los Gatos’s primary commercial corridors. With the asset approximately 48% leased, an owner-user has the flexibility to occupy the available space immediately while in-place tenancy continues to generate income to help offset debt service — or to grow organically into the balance of the building over time.
► Owner-User Advantage | This is an ideal corporate headquarters investment offering an attractive lease-savings tradeoff. Purchasing this property provides protection against future rental market uncertainty, delivering occupancy control, tax benefits, and after-tax equity accumulation that leasing simply cannot match.
► Durable In-Place Income with Value-Add Upside | The property generates approximately $280,348 in year 1 net operating income, anchored by long-term, in-place tenancy with a weighted average lease term of ±6.33 years. Operating at ±48% occupancy, the asset offers meaningful value-creation potential through leasing up the remaining space within a supply-constrained submarket, with the potential to more than triple net operating income to approximately $931,920 at full occupancy.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
