10300-10460 Bubb Road Cupertino, CA
- 109,779 SF, comprised of 4 single story, creative office/R&D buildings in Cupertino, CA, in the heart of Silicon Valley.
- Credit tenancy – 100% leased to strong credit tenant with medium term leases in place
- Leased at below market rents in one of the tightest office markets in the country.
- Tenant has recently invested significant capital into their space to achieve a modern open office floor plan.
- Purchase price of approximately 60% of replacement cost.
- Cupertino boasts a 0.7% R&D vacancy rate, the lowest in Silicon Valley, and average asking rent of $4.06, Net, which is twice the Silicon Valley average.
- Upon lease maturity, Graymark expects to roll rents to market.