Cupertino Commercial Real Estate And Office Space For Rent

Description:

The City of Cupertino, California is located about 20 minutes from San Jose International Airport and roughly 30 miles from San Francisco and  Oakland airports. Reacting to the growth in Silicon Valley, Cupertino has become a community with a thriving business sector and home to Apple Computers.  It offers a diverse mix of retail space, industrial space, flex space, and office space options throughout several parts of the city for a companies commercial real estate needs. The city offers access from Highway 280 and 85

Companies who look in Cupertino also look in nearby cities such as San Jose, Sunnyvale, and Campbell.

Retail space in Cupertino: There is 3.6 Million Square Feet of Existing Retail including 50,000 square feet of new Retail Space in development currently. There has been a large scale increase in restaurants  in Cupertino and over 120 new eating establishments have opened. The Regional Mall at Highway 280 and Wolfe Road features a Macy’s, JC Penney’s and a popular Benihana’s restaurant among many others. A new Whole Foods recently opened a new property in Cupertino and it has been very successful. The City of Campbell offers easy access to popular bars and restaurants, bookstores, gourmet grocery stores, office supply outlets, coffee and bagel shops and one-of-a-kind boutiques. Cupertino also offers commercial real estate spaces for sale that can be operated as a retail space.

Office space in Campbell: Around the world, Cupertino is famous as the home of high-tech giants, such as Apple Computer Inc., Symantec Corp, and Hewlett Packard.  Excellent freeway access is provided for employees to get commercial office space quickly and efficiently. Cupertino also offers close proximity to San Jose and San Francisco which helps with local recruitment. The current office market has roughly 4.0 million square feet of office space that can be shared or leased individually some of which is mixed use space. Apple has been very active within Cupertino. They have been leasing office space aggressively over the last 5 years. Apple’s HQ is at 1 Infinite Loop, which represents about 850,000 square feet. The campus, built for Apple by Cupertino's own Sobrato Development Cos. in 1993, is a regional landmark viewed daily by thousands who drive past it on Interstate 280.Cupertino offers space for rent for South Bay residents who are looking for a new site for their office or commercial space. Cupertino offers high rise office space, low rise office space, lofts, mixed use space and converted warehouse office space.

Warehouse space in Cupertino: The City's industrial developments allow businesses from a start-up to a multi-national company find their space needs on a for sale or for lease basis. The city of Cupertino has 5 million square feet of industrial listings and many real estate brokers to help you locate your space. Many small warehouses exist in Cupertino and can be found conveniently on the industrial parks that offer good clear height and freeway access. Cupertino offers great freeway access. Cupertino’s central location offers warehouse space near Interstate 280. Cupertino has storage spaces, warehouse spaces, distribution spaces, and manufacturing spaces.

Quick Market Stats:

There's roughly 3,50,000 square feet of office space with a rough overall vacancy rate of 4%.  The average asking rates for office space is $2.90(fs).

The warehouse space market is roughly 6,500,000 square feet and has an overall vacancy rate of just 5%.  The average lease rate is $2.50 per square foot per month.