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Data Center and R&D Lab Facility
For Sale
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350-370 Cobalt Way, Sunnyvale, CA 94085

For sale with a 10-year NNN lease featuring 3% annual escalations and heavy power capacity for R&D and data center needs.

Property Size134,218 SF
Days on Market62

Property Features for 350-370 Cobalt Way

General Information

Standard status Active
Size 134,218 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Heavy Power Yes
Listing Agency: JLL | Silicon Valley
Listed By: Will Connors · License #02010118
Source: Moodyscre
Added: Jun 23 Changed: Aug 10 Last Checked: Aug 22 at 9:05AM

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 JLL | Silicon Valley

Investment Insights

Based on property information with market context.

This offering is a critical R&D lab and data center facility operated under a 10-year NNN lease with 3.0% annual escalations. The asset is described as having heavy power capacity, with 10 MW noted for the facility’s operations, along with the associated infrastructure and substantial tenant investment required for this type of use.

Access is highlighted through major regional roadways including US 101, Central Expressway, and Lawrence Expressway. The property is located at 350–370 Cobalt Way in Sunnyvale, California.

This property is positioned for organizations that require a purpose-built environment for both R&D and data center operations, particularly where substantial power and mission-critical infrastructure are key. For buyers and brokers, the NNN structure and stated lease escalations provide a straightforward baseline for projecting lease revenue over the stated 10-year term.

Key Highlights

  • 10‑year NNN lease with 3.0% annual escalations
  • Heavy power capacity of 10 MW for R&D and data center use
  • Critical R&D lab & data center facility with Sunnyvale address

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Furniture & Home Goods Discount Store

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

Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,962
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
NNN property - For sale with a 10-year NNN lease featuring 3% annual escalations and heavy power capacity for R&D and data center needs.
Where is this nnn property located?
The property is located at 350-370 Cobalt Way Sunnyvale, CA.
What are key features of this property?
This property features: 10‑year NNN lease with 3.0% annual escalations; Heavy power capacity of 10 MW for R&D and data center use; Critical R&D lab & data center facility with Sunnyvale address
(650) 480-2222 Call to check price and availability
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