Office for Lease in Santa Clara, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Santa Clara, CA 95054

Description

128K SF R&D Building – Santa Clara – 64K SF Plates / 3,000 Amps + Elegant two-story atrium lobby + LEED Gold Certified + Existing server lab + 3,000 Amps @ 277/480 electric power + Efficient 64K SF floor plates + Grade level & dock high loading + Inexpensive Santa Clara utilities + 24.5 kW rooftop solar system + 250 KVA back-up diesel generator + Expansive outdoor amenity area + Tremendous signage opportunities

Market Context

This office in Santa Clara, CA is listed for lease. It has been on the market for 148 days. Compare it against other office listings for lease in Santa Clara, CA — <a href="/search/lease/office/california/santa-clara">view the full market</a>.

As of Q1 2026, the Silicon Valley office market showed a 2.9% vacancy rate, average asking rents near $20.16/SF/yr, rents up 4.3% year over year, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Silicon Valley?
About 6.2% as of Q1 2026, per Consensus.
Is the Silicon Valley office market tightening or softening?
Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

High Confidence

$2.79/SF/mo – $3.77/SF/mo

Mid: $3.28/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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