
3033 Moorpark Avenue
Office | 14,062 SqFt
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire 3033 Moorpark Avenue, San Jose, California, a compelling value-add investment opportunity in West Valley, one of Silicon Valley's most desirable and supply-constrained sub-markets. The property consists of a well-located two-story office building totaling ±14,062 square feet, situated on a generous ±0.78 acre parcel. The asset benefits from exceptional proximity to premier retail, dining, and lifestyle amenities, including walking-distance access to Santana Row and Westfield Valley Fair, close proximity to Valley Medical Center, and San Jose City College as well as immediate connectivity via Interstate 280. The Property is currently approximately 68% leased to professional services and medical-related tenants. The shorter-term leases offer investors significant upside through lease-up, rent increases and repositioning strategies. The building features market ready smaller office suites, making the property highly attractive to professionals, and boutique office users seeking flexible footprints in a high-barrier-to-entry location.
Investment highlights
- Exceptional Location
- Prime Silicon Valley address near premier shopping, medical, school and entertainment
- Immediate access to Interstate 280
- Surrounded by housing and affluent neighborhoods
- Value-Add Opportunity
- ±32% vacancy allows for strategic lease-up
- Ability to increase below-market rents to prevailing market levels
- Potential to modernize and reposition the asset
- Strong Market Fundamentals
- Highly desirable West San Jose sub-market
- Robust demographics and income profiles
- Consistent tenant demand for small-suite office space
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