3300 Central Expressway, Santa Clara, CA Building Size : ± 3,300 SF
$5,200,000 ($520/SF)
Executive Summary
The Ivy Group is delighted to announce the successful facilitation of the off market sale of a prime office building in Santa Clara, CA.
Strategically positioned at the intersection of Central Expressway and Covina Drive, this property garnered a robust valuation during a period marked by elevated interest rates and uncertainty surrounding the return to office, exacerbated by the growing trend of remote work.
The Ivy Group played a pivotal role in securing an advantageous sale on behalf of the seller. Leveraging its adept negotiation skills and an extensive network of vendor resources, The Ivy Group accomplished the transaction seamlessly within a remarkable timeframe of less than 90 days.
PROPERTY HIGHLIGHTS
Building Size± 3,300 SF
Lot Size± 33,722 SF (± 0.77 acres)
Year Built1979
ZoningLawrence Station Area Plan (LSAP)
UseOffice
Freeway AccessMinutes to freeways 101, 237 and 880
Bus StopWalking distance to major bus stops and public transportation nodes
ParkingAbundant onsite parking, plus additional street parking available
