MISSION TOWERS I — Lease in Santa Clara, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Santa Clara, CA 95054

Description

Office | For Sublease: 9,000 - 25,800 SF Was WebEx Towers Lease Note Available in 30-90 days. Call to tour. Key Facts Property Name: MISSION TOWERS I Property Type: Office Available Subtype: Office Floor Number: 4 Suite: 4th Floor Available For: Sublease Available SF: 25,800 Load Factor: 14% Divisible-Contiguous: 9,000 - 25,800 Rental Rate: $3.60 NNN/mo Rent + Expenses: $5.5100 PSF Expenses: $1.9100

Market Context

This office in Santa Clara, CA is listed for lease. It has been on the market for 175 days. Compare it against other office listings for lease in Santa Clara, CA — view the full market.

As of Q1 2026, the Silicon Valley office market showed a 2.9% vacancy rate, average asking rents near $20.16/SF/yr, rents up 4.3% year over year, and cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Silicon Valley?
About 6.2% as of Q1 2026, per multiple brokerage reports.
Is the Silicon Valley office market tightening or softening?
Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$3.51/SF/mo – $4.04/SF/mo

Mid: $3.51/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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