Description

16150 Los Gatos Boulevard is a single-tenant veterinary property for sale in Los Gatos, CA, within the Silicon Valley submarket. The 2,315 SF medical office building is 100% occupied, giving a buyer an income-producing healthcare asset with an existing tenant.

For a veterinary operator, the building’s focused medical office use is central to its identity; for an investor, the single-tenant format makes the tenancy straightforward to understand. The Property sits on 0.32 acres and has 15 parking spaces, a meaningful feature for a practice serving clients who arrive with animals. Renovated in 2026, it combines an established tenant with a recently renovated building. The 100% occupancy speaks to its current use, while the building size and site give buyers a clear picture of the scale of the asset.

The asking price is $2,721,000, or $1,175.38 PSF, with a 4.85% cap rate and $131,955 in-place NOI. The stabilized figures are also a 4.85% cap rate and $131,955 NOI, so the investment story rests on the occupied property rather than a projected increase in those measures. At $8,503,125 per acre, the site offers another way to view the pricing alongside the building-based figure. For a buyer seeking a single-tenant healthcare holding in Los Gatos, the opportunity is defined by its veterinary use, full occupancy and identified income.