Property profile

3975 Freedom Cir Santa Clara, CA 95054

OFF-MARKET
Office buildings
Property ID
US09-2761302
299,562 SF 8.08 ac lot Built 2000
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 299,562 SF
Lot 8.08 ac (351,965 SF)
Zoning code ML
APN 104-40-034
UPID US09-2761302

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Bank Loan Service
  • Bank Credit Union
  • Venture Capital Company
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

3975 Freedom Cir Santa Clara, CA 95054-1241
Santa Clara metro Census 505010 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.79M

Owner & transaction history

since 2014
4 recorded transactions
2014
$148.7M
2006
Price N/A
2004
Price N/A
1997
Price N/A

Zoning & alternative use

ML · Santa Clara, CA
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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