SANTA CLARA 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: 1,516 SF Expenses include full health club membership. Conference room – common area. Helipad on roof. Fitness center with lap pool and showers. On site FedEx and UPS drop boxes. On-site deli. Blocks to restau Key Facts Property Name: SANTA CLARA TOWERS I Property Type: Office Available Subtype: Office Floor Number: 10 Suite: 1040 Available For: Sublease Available SF: 1,516 Load Factor: 22.82% Divisible-Contiguous: 1,516 - 1,516 Rental Rate: $3.65 NNN/mo Rent + Expenses: $5.4000 PSF Expenses: $1.7500

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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