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640 West California Avenue

Updated Sep 9, 2026

Jeff Cardenas Of Apptronik Leases 27,130 Square Feet Office Space In Sunnyvale For New Facility
LEASEDOffice

Jeff Cardenas Of Apptronik Leases 27,130 Square Feet Office Space In Sunnyvale For New Facility

640 West California Avenue

Building Size

27,130 SF

Asset Type

Office

Closing

Sep 4, 2026

About this deal

AI

The property asset involved in this transaction is a 27,130 square-foot office located at 640 West California Avenue, in Sunnyvale, CA. This facility is situated within the Peery Park area and is designated to support operations for the tenant, a humanoid robotics company.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 27,130
  • Address: 640 West California Avenue
  • Market: Sunnyvale, CA
  • Tenant: Jeff Cardenas - Apptronik

Jeff Cardenas represents Apptronik in this lease transaction, which aims to enhance the company’s presence in the Silicon Valley market by securing this facility in a strategic location.

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Players

Jeff Cardenas

Apptronik

Tenant

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Sunnyvale Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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

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