1600 Duane AveSanta Clara, CA 95054

Property Details for 1600 Duane Ave

Year built

2017

Lot size

1.29 AC

Property size (Sq ft)

35,898 SF

Zone code

ML

Property type

Office properties

Property subtype

Office buildings

APN

224-42-001

APU

22442001

Description

This exceptional 12,000-square-foot office space, located at 1600 Duane Avenue in Santa Clara, California (zip code 95054), presents a unique opportunity for businesses seeking a prestigious location in the heart of Silicon Valley. The property is part of a larger, three-story, 36,000-square-foot Class B building constructed in 2017. This single-tenant space offers a sophisticated and modern environment, featuring brand-new furnishings, carpeting, lighting, and fixtures. Amenities include a spacious multi-purpose meeting room, a well-equipped breakroom, an inviting reception area, and three impressive conference rooms with floor-to-ceiling glass panels. The building's strategic location offers unparalleled visibility and accessibility. Situated directly adjacent to Highway 101, it provides effortless commutes and prominent signage opportunities. Furthermore, its proximity to San Jose International Airport (one mile north) and Santa Clara Square (one mile south) ensures convenient travel and access to a wide array of retail and entertainment options along Great America Parkway. The building benefits from attentive on-site ownership, ensuring responsive service and a commitment to tenant satisfaction. This property is ideal for businesses seeking a modern, well-appointed space in a thriving tech community, surrounded by industry leaders such as Adobe, Apple, Cisco, and Google. The property is categorized as Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space.

• CAP approach

  CAP return

  Valuation

  6%

  $13,314,228

  6.5%

  $12,290,057

  7%

  $11,412,195

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,012,311

  Geo Method

  $10,012,311

• Alternative Use

  Use

  Valuation

  Residential

  $15,239,670

  Hospitality

  $13,959,456

  Educational

  $11,614,103

  Medical

  $12,013,530

  Retail

  $18,066,384

Location Insight

City

Santa Clara

County

Santa Clara

State

California

Latitude

37.3793

Longitude

-121.957

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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