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.