2975 Bowers Ave - Medical FOR SALE


Santa Clara, CA 95051- Outer Santa Clara
$7,000,000 USD
408-439-1134
2975 Bowers Ave, Santa Clara, CA for Sale
$7,000,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

2975 Bowers Ave
Santa Clara, CA 95051
Outer Santa Clara


HIGHLIGHTS

  • ±2% Vacancy
  • New LED Lighting Installed in 2020
  • AT&T Fiber Available On-site
  • 24/7 Security Monitoring System in Place
  • Easy Access to Central Expy, Hwy 101, & Lawrence Expy
  • Close Proximity to Retail Amenities (Costco, Whole Foods, Santa Clara Square, & more)

OVERVIEW

Newmark, as exclusive marketing advisors, is pleased to present the opportunity to acquire a 100% fee simple interest in 2975 Bowers Avenue, Santa Clara, CA; a ±20,366 sf multi-tenant 3-story office building on approximately 1.0 acres. This building is surrounded by numerous fortune 500 companies and prominent Silicon Valley technology firms. The location also benefits from Santa Clara’s own power utility, which is significantly lower than PG&E. The property has been well managed and is 98% leased to 19 tenants.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bowers Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

ML, Santa Clara

APN/PARCEL ID

216-46-017

ASK ABOUT THIS PROPERTY

Derek YepNewmarkMore Info
408-439-1134

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Derek YepNewmarkMore Info
408-439-1134

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