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3040-3050 Oakmead Village DrSanta Clara, CA 95051
3040-3050 Oakmead Village Drive
Asset ClassOffice
overview of deal

Overview

Newmark, as exclusive advisor, is pleased to present the unique opportunity to acquire the fee simple interest in 3040-3050 Oakmead Village Drive in Santa Clara, California. This single tenant R&D building is 100% leased and occupied by Qualcomm Inc with a brand new 5-year lease. This high-end single-story building contains significant power, high end interior upgrades, and is adjacent to Qualcomm HQ providing stability, and high likelihood of long term commitment. The prime location within the core of Santa Clara, provides easy access to Central Expressway, 101, Lawrence Express with convenient access to all parts of the Bay Area.

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Investment Highlights

  • STABLE, CREDITWORTHY TENANT: QUALCOMM (QCOM)
  • HIGH-DEMAND R&D PROPERTY WITH HEAVY POWER
  • PRIME SILICON VALLEY LOCATION
  • ATTRACTIVE RISK-ADJUSTED RETURN

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Listing provided by Revere CRE