21801 Stevens Creek Blvd - Medical FOR SALE


Cupertino, CA 95014
$5,750,000 USD
408-477-2508
21801 Stevens Creek Blvd, Cupertino, CA for Sale
$5,750,000 USD
Medical - FOR SALE
1/20
null | Request Cap Rate

21801 Stevens Creek Blvd
Cupertino, CA 95014


HIGHLIGHTS

  • Rare Owner User Opportunity - 8,616 SF Two Story Office/Medical Office Building For Sale
  • All Short Team Leases - 8,066 SF Available By Close of Escrow
  • Uses Include - Office, Medical Office, Specialized Schools, Dance/Music Studios, Day Care with CUP-PC
  • 30 Parking Spaces
  • Large Monument Sign on Stevens Creek Blvd
  • Corner of Stevens Creek Blvd & Mann Dr/Orange Ave

OVERVIEW

Rare owner user opportunity to acquire an 8,616 square foot two story office/medical office building in Cupertino on Stevens Creek Blvd. All tenants are on short term leases, allowing for an Owner User to occupy the entire building. Sellers are occupying the 2nd floor for their Tutoring Service, which specializes in tutoring High School and Middle School students, they will vacate at the close of escrow. P (CN, ML, RES 4-12) Zoning Designation - Uses include office, medical office, vocational and specialized schools, dance/music studios, and day care/preschool with a CUP-PC (Conditional Use Permit issued by the Planning Commission). The property includes a separate 4,370 SF lot on Mann Drive with 8 parking spaces, total of 30 parking spaces. The property is fully sprinklered. Large attic for storage. The property is located on the corner of Stevens Creek Blvd & Mann Dr/Orange Ave – Easy access to Hwy 85 and 280. Extremely strong demographics with household incomes in excess of $200,000 in a 1-mile radius.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

RARE 8K SF CUPERTINO OFFICE BLDG.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,860 SF

ZONING

CNH CU

APN/PARCEL ID

326-19-119

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-477-2508

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David TaxinMeacham OppenheimerMore Info
408-477-2508

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.