Franklin Square — Sale in Santa Clara, CA

  • Price: $3.2M
  • Listing type: For sale
  • Asset type: Office
  • Location: Santa Clara, CA 95054
  • Size: 7,039 SF
  • Year built: 1966

Investment Figures

Price per square foot
$455

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Santa Clara Business District. Located within Franklin Mall. Signage/identity. Near Santa Clara University. Near Bank of America.

Market Context

This office in Santa Clara, CA is listed for sale at $3,200,000 across 7,039 SF ($455/SF). The building dates to 1966. It has been on the market for 191 days. Compare it against other office listings for sale in Santa Clara, 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 assets trade 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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