RARE 8K SF CUPERTINO OFFICE BLDG. | 21801 Stevens Creek Blvd
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RARE 8K SF CUPERTINO OFFICE BLDG. 21801 Stevens Creek Blvd
8,616 SF 6% Leased Office Building Cupertino, CA 95014 $5,750,000 ($667/SF)
Investment Highlights
- Rare Owner User Opportunity - 8,616 SF Two Story Office/Medical Office Building For Sale
- Uses Include - Office, Medical Office, Specialized Schools, Dance/Music Studios, Day Care with CUP-PC
- Large Monument Sign on Stevens Creek Blvd
- All Short Team Leases - 8,066 SF Available By Close of Escrow
- 30 Parking Spaces
- Corner of Stevens Creek Blvd & Mann Dr/Orange Ave
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,616 SF
Building Class
B
Year Built
1981
Price
$5,750,000
Price Per SF
$667
Percent Leased
6%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,308 SF
Slab To Slab
8’
Building FAR
0.46
Lot Size
0.43 AC
Zoning
CNH CU
Parking
30 Spaces (3.48 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
Parcel Number | 326-19-119 | Improvements Assessment | $976,474 |
Land Assessment | $1,543,543 | Total Assessment | $2,520,017 |
PROPERTY TAXES
Parcel Number
326-19-119
Land Assessment
$1,543,543
Improvements Assessment
$976,474
Total Assessment
$2,520,017
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RARE 8K SF CUPERTINO OFFICE BLDG. | 21801 Stevens Creek Blvd
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