Property summary
The property consists of twin 12-story Class A office buildings totaling 587,296 square feet, with frontage on Interstate 101 and access to major transportation options including San Jose International Airport approximately 5 miles away and Caltrain accessible via a shuttle route of about 3.7 miles. Parking is provided at an overall rate of 3.5 spaces per 1,000 rentable square feet. Building common areas include upgraded lobby interiors with new seating and breakout areas and repositioned security desks. Amenities include an on-site fitness facility with showers and locker rooms; Tower 1 features a 60-person training room and a VIP lounge; and Tower 2 includes a tenant conferencing facility with a 20-person board room, a 45-person training room with video conferencing capabilities, and an adjacent catering lounge. The outdoor courtyard has been configured with seating for meetings and dining, distinctive landscaping, and a living wall. Additional on-site food and beverage amenities include an on-site café with lunch and catering services and an adjacent coffee bar with grab-and-go breakfast items and snacks, and the campus includes an on-site café. The complex is located approximately 7 miles from San Jose, with VTA located about 1.5 miles away and more than 2,000 hotel rooms within roughly 1 mile. The buildings are configured to provide available office space of approximately 25,853 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company
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Bank Loan Service
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Bank Credit Union
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Venture Capital Company
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
this chapter, permitted uses of the ML light manufacturing district are allowed, and none of the other sections of this chapter shall apply to such building and use, until such time as the existing use (including any exp…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
ML · Santa Clara, CAthis chapter, permitted uses of the ML light manufacturing district are allowed, and none of the other sections of this chapter shall apply to such building and use, until such time as the existing use (including any exp…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
this chapter, permitted uses of the ML light manufacturing district are allowed, and none of the other sections of this chapter shall apply to such building and use, until such time as the existing use (including any exp…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ML in Santa Clara, CA.
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