390-392 Potrero Avenue — Lease in Sunnyvale, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Sunnyvale, CA 94085
  • Size: 10,000 SF

Description

Located on Potrero Avenue in Sunnyvale within Santa Clara County, this 90,000-square-foot opportunity is positioned in a well- established commercial corridor in the heart of Silicon Valley.

Market Context

This office in Sunnyvale, CA is listed for lease across 10,000 SF. It has been on the market for 54 days. Compare it against other office listings for lease in Sunnyvale, CA — view the full market.

As of Q1 2026, the Silicon Valley office market showed a 2.9% vacancy rate, average asking rents near $20.16/SF/yr, rents up 4.3% year over year, and cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Silicon Valley?
About 6.2% as of Q1 2026, per multiple brokerage reports.
Is the Silicon Valley office market tightening or softening?
Vacancy is around 2.9%, with asking rents rising year over year (Q1 2026).

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