Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 5145-5155 Stevens Creek Boulevard in Santa Clara, California. The offering consists of one commercial building comprised of seventeen (17) separate suites occupied by various retail and office tenants. The building totals approximately 14,667 building square feet situated on a 33,914 square foot lot. Located on Stevens Creek Boulevard between Saratoga Avenue to the east and directly accessible to Lawrence Expressway and I-280 to the west, the subject property is truly irreplaceable Bay Area/Silicon Valley real estate. Furthermore, various national and regional retail tenants surrounding the subject property lend to the strength of the area’s demographics and ability to support all types of retail and office uses. The property features an existing tenant mix of seasoned, service-oriented businesses on short-term leases. With recent vacancies, the subject offering presents an excellent opportunity for an investor to add value to a core Silicon Valley commercial asset by leasing the vacant space and potentially converting existing gross leases to NNN.