650-701-5590
3503-3519 El Camino Real, Santa Clara, CA for Sale
Freestanding - FOR SALE
1/5
null | Request Cap Rate

3503-3519 El Camino Real
Santa Clara, CA 95051
Outer Santa Clara


HIGHLIGHTS

  • Rare 10.6-Acre Silicon Valley Infill Site — One of the largest contiguous single parcel development opportunities in Silicon Valley
  • Prime Hard-Corner Location - Signalized intersection of El Camino Real and Lawrence Expressway
  • Maximum Repositioning Flexibility - ±76% vacant with in-place tenants on short-term leases
  • Surrounded by Major Employers — Minutes from Apple, Nvidia, Intel, Kaiser Permanente, and Santa Clara’s tech employment core
  • Exceptional Demographics — Average household income over $200,000 and population exceeding 545,000 within five miles
  • Proven Corridor Transformation — Located within the Grand Boulevard Initiative

OVERVIEW

Marcus & Millichap is pleased to present Lawrence Square, a rare ±10.6-acre repositioning and development opportunity located at the signalized corner of El Camino Real and Lawrence Expressway in the heart of Silicon Valley. The property consists of ±105,794-square-foot multi-tenant retail center on ±461,736 square feet of land with frontage on four streets, including approximately a quarter mile along El Camino Real, one of the most heavily trafficked commercial corridors in Santa Clara County. With the center currently ±76 percent vacant and all remaining tenants on short-term leases, Lawrence Square offers a buyer immediate site control and maximum flexibility — a true blank canvas in a market where large, unencumbered infill parcels are virtually nonexistent. The site sits at the center of one of the nation’s most supply-constrained housing markets, surrounded by world-class employers including Apple, Nvidia, Intel, and Kaiser Permanente. Average household income within five miles exceeds $200,000, and median home values in the trade area surpass $1,000,000 — fundamentals that strongly support a residential mixed-use exit. Positioned along the Grand Boulevard Initiative corridor, Lawrence Square represents one of the largest and most compelling redevelopment opportunities on El Camino Real today. ***ZONING*** Buyer to independently verify all zoning, permitted uses, and development potential with the city. Marcus & Millichap makes no representation or warranty regarding zoning or permitted uses. ***ENVIRONMENTAL*** For questions regarding environmental conditions, buyer to contact listing brokers. Marcus & Millichap makes no representation or warranty regarding environmental condition of the property.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lawrence Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

10.6 AC

LAND SF

461,736 SF

ZONING

MU-RC

APN/PARCEL ID

220-03-010

ASK ABOUT THIS PROPERTY

Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.