Office in Santa Clara, CA — Lease in Santa Clara, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Santa Clara, CA 95054
Description
3111 Coronado Drive - Prominent identity with robust signage opportunities - Dramatic entrance with 2-story glass and steel pavilion style lobby - 4,600 SF private outdoor retreat that includes: Ample and comfortable seating areas situated next to fire tables, a functional outdoor kitchen with BBQ, sink and refrigerator, soothing water feature and delicate shade trees - On-site cafeteria and gym with showers - Parking with ±3.2/1,000 and 10 EV charging stations - Secure outdoor basketball court - 5,000a @ 277/480v - Covered loading area to include three (3) docks and one (1) grade level loading - LED: 9/30/2029 - 6 minute walk to Santa Clara Square amenities and within ±2.0 miles of many other amenities including Costco, Bay Club, hotels, etc.
Market Context
This office in Santa Clara, CA is listed for lease. It has been on the market for 197 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.
Contact
- Mark Schmidt · 408 453 7440 · mark.schmidt@cbre.com
- Thomas Taylor · 408 453 7417 · Thomas.Taylor@cbre.com
- Vince Machado · 408 453 7411 · vince.machado@cbre.com
- Mark Christierson · +1 408 453 7452 · mark.christierson@cbre.com
- Chris Shepherd · 408 453 7455 · chris.shepherd@cbre.com
- Robbie Taylor · +1 408 453 7489 · robbie.taylor@cbre.com
- Vincent Scott · +1 408 453 7433 · vincent.scott@cbre.com
- Samantha Goetz · 408 467 7587 · samantha.goetz@cbre.com
- Christian Marent · +1 408 453 7422 · Christian.Marent@cbre.com
- Matt Gutierrez · 408 467 7582 · matt.gutierrez@cbre.com
- Briana Sagucio · 408 790 5449 · briana.sagucio@cbre.com
- Will Schmidt · +1 408 453 7408 · will.schmidt@cbre.com
- Matthew Taylor · 408 453 7469 · matthew.taylor@cbre.com
- Christine Bowser · 408 656 5383 · christine.bowser@cbre.com
- Lauren Mewes · 408 467 7527 · lauren.mewes@cbre.com
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