Listed by CBRE - Orange County, CBRE - San Jose
$12,000,000
Cupertino Center
Details
APN 359-10-015
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 20,707
Cap Rate 5.85%
NOI $702,186
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $580
Year Built 1952
Buildings 1
Stories 1
Acreage 1.150
Zoning C1H
Investment Type Value Add
Ground Lease No
Ownership 100%
Silicon Valley Infill Gem | 1.15 AC Redevelopment Play Near Apple HQ | Cupertino, CA
Marketing description
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Rare opportunity to acquire a fully leased, ±20,707 SF retail center in a prime Cupertino location with below-market rents and near-term lease rollover. Positioned on a 1.15-acre site within a designated housing corridor, the asset offers both immediate cash flow and future residential redevelopment potential.
Investment highlights
- Core Cupertino Infill with Redevelopment Upside 1.15‑acre site in the Heart of the City & South De Anza Special Area, offering long‑term mixed‑use or residential redevelopment potential.
- Below‑Market Rents with Near‑Term Mark‑to‑Market 100% occupied NNN retail center with a 1.01‑year WALT, creating immediate value‑add through re‑tenanting and rent growth.
- Irreplaceable Silicon Valley Location Positioned along S. De Anza Blvd (46,135 CPD), just 2 miles from Apple HQ, surrounded by national retailers and major employers.
- Exceptional Demographics & Schools Avg. household incomes exceeding $240K–$290K within a 1–3 mile radius, located in one of the top‑ranked school districts in the country.
Listing Contacts
Listed by CBRE - Orange County, CBRE - San Jose
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$702,186.00
$58,515.50/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
Map
Zoning
P(CG) PlannedPlanned Development General Commercial
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View all 84 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
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