Updated Apr 8, 2026
GoDaddy Renews 40121 SF Office Lease At 3032 Bunker Hill Lane In Santa Clara
3032 Bunker Hill Lane
Building Size
40,121 SF
Asset Type
Office
Closing
Apr 3, 2026
About this deal
AI
The property located at 3032 Bunker Hill Lane in Santa Clara, comprises an office space with a total square footage of 40,121. The market for this asset is Santa Clara, and it is part of The Quad at Tasman campus.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease Renewal
- Address: 3032 Bunker Hill Lane
- Market: Santa Clara
- Tenant: Aman Bhutani
- Tenant Company: GoDaddy
- Asset Size: 40,121 sf
Aman Bhutani, representing GoDaddy, has renewed the lease for the office space at the specified address. This renewal aligns with the repositioning efforts of South Bay Development regarding the seven-building campus in the aftermath of the Silicon Valley Bank collapse.
On the Map
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93