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Flex/R&D Building with Office Buildout
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445-447 Indio Way, Sunnyvale, CA 94085

Recently renovated flex/R&D building offers warm shell office and research space for customization and lease.

Property Size19,105 SF
Days on Market16

Property Features for 445-447 Indio Way

General Information

Standard status Active
Size 19,105 SF
Property subtype coworking
Listing Agency: San Jose
Listed By: Joel Yungen · License #01850588
Source: Property.jll
Added: Jul 16 Changed: Jul 22 Last Checked: Jul 30 at 2:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of San Jose

Investment Insights

Based on property information with market context.

Now available for lease, 445–447 Indio Way is a flex/R&D building with recently renovated warm shell space and a high-end office and R&D buildout that can be customized by the next tenant. The available space is 19,105 SF.

Located in Sunnyvale, California within Peery Park, the property is described as being proximate to leading tech and life science companies as well as nearby universities. The location is also described as providing easy access to downtown Sunnyvale amenities, along with access to transit and shopping.

This offering is suited for tenants looking for a flex/R&D environment that includes office and research components, with the flexibility to tailor the space to their operational needs.

Key Highlights

  • Now available for lease: flex/R&D building at 447 Indio Way, Sunnyvale, CA 94085
  • Available space: 19,105 SF
  • Recently renovated as high‑end office and R&D space buildout

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Dental Office Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94085, CA

24,031
Population
9,666
Households
2.5
Avg Household Size
33
Median Age
62%
College-Educated
90%
High-School Grad
3.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$183,563
Median Household Income
$103,383
Median Earnings
$3,187
Median Rent
$1,534,500
Median Home Value

Market

Lease Benchmarks for Sunnyvale, CA

$36.45 /SF/Yr
Avg Asking Price
$30–$41.4 /SF/Yr
Price Range
25,896 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Eisenhauer's Catering And Events — 149 W Hendy Ave, Sunnyvale, CA 94086

Frequently Asked Questions

What type of property is this?
Flex space - Recently renovated flex/R&D building offers warm shell office and research space for customization and lease.
Where is this flex space located?
The property is located at 445-447 Indio Way Sunnyvale, CA.
What are key features of this property?
This property features: Now available for lease: flex/R&D building at 447 Indio Way, Sunnyvale, CA 94085; Available space: 19,105 SF; Recently renovated as high‑end office and R&D space buildout
More about this property
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