Stevens Creek, San Jose, CA

Land Entitlement

COMMUNITY DATA:

  • Site area is 9.23 acres
  • Net Rentable Area is 137,528 SF of Office and 27,888 SF of Retail
  • Suites range from 300 to 10,000 SF enabling tenants to expand without leaving the park
  • Located one mile from Interstate 280 with links to Highways 85, 880, 101, 680, 237, and 87

FINANCIAL DATA:

  • Acquired by Fortbay in July 2016 for $53M
  • Average rent is $3.54 per square foot
  • Currently 88% leased
  • Potential to be re-entitled as a large scale mixed use development
This property includes approximately 700 feet of frontage along Stevens Creek Boulevard, a high traffic arterial with prime visibility. Located within the Cupertino School District driving premium rents as one of the most desired school districts in the Bay Area.