Santa Clara Square — Lease in Santa Clara, CA

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

Description

For Lease ±13,316 SF Office | 2445 Augustine Dr, Suite 550 • Proposed market ready floor plan subject to change • Mix of private offices, meeting rooms and privacy rooms • Open office with 10’ floor to ceiling glass • Column free offering efficient layout options • Ample, convenient parking structures • 3.3/1000 SF

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

Explore this market

Similar Office for Lease in Santa Clara, CA