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Multi-Tenant Retail Center Redevelopment
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3501 El Camino Real, Santa Clara, CA 95051

105,794-square-foot retail center at a signalized corner with four-street frontage, currently 76% vacant with month-to-month leases.

Property Size105,794 SF
Lot Size10.60 Acres
Days on Market53

Property Features for 3501 El Camino Real

General Information

Standard status Active
Size 105,794 SF
Lot size 10.60 Acres
Property subtype Retail, Land
Zoning Mixed-Use Regional Commercial (MU-RC)
Occupancy 24%

Additional Details

Road Access Yes

Building Details

Year Built 1959
Tenancy Multi
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Yuri Sergunin, CCIM · License #01908322
Source: Crexi
Added: Jul 20 Changed: Aug 26 Last Checked: Sep 10 at 7:55AM

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 Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

Lawrence Square is a 105,794-square-foot multi-tenant retail center comprising approximately 10.6 acres on 461,736 square feet of land. The property includes frontage on four streets, with approximately a quarter mile along El Camino Real. Current occupancy is 76% vacant by square footage, and the remaining tenants are on month-to-month leases.

The site is located at the signalized corner of El Camino Real and Lawrence Expressway in Santa Clara, positioned along the Grand Boulevard Initiative corridor. The trade area is described as including major employers such as Apple, Nvidia, Intel, and Kaiser Permanente, with average household income over $200,000 within five miles and median home values surpassing $1,000,000.

Key Highlights

  • 10.6‑acre site with a 105,794‑SF multi‑tenant retail center
  • Signalized corner location at El Camino Real and Lawrence Expressway
  • Four‑street frontage, including approximately a quarter mile along El Camino Real

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy HVAC Service Barber Shop Storage Facility

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

24%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95051, CA

61,466
Population
25,152
Households
2.4
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
9,313
Density / Sq Mi
$185,632
Median Household Income
$107,905
Median Earnings
$3,054
Median Rent
$1,623,600
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 105,794-square-foot retail center at a signalized corner with four-street frontage, currently 76% vacant with month-to-month leases.
Where is this shopping center located?
The property is located at 3501 El Camino Real Santa Clara, CA.
What are key features of this property?
This property features: 10.6‑acre site with a 105,794‑SF multi‑tenant retail center; Signalized corner location at El Camino Real and Lawrence Expressway; Four‑street frontage, including approximately a quarter mile along El Camino Real
(650) 391-1764 Call to check price and availability
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