Dan Woods Of El Camino Health Acquires Office Building From Yuki Farms LLC For $10.4M
19400 Stevens Creek Boulevard
$10,400,000
$518/SF
Building Size
20,070 SF
Asset Type
Office
Closing
Jun 3, 2025
AI
The property asset involved in the transaction is a vacant office building located at 19400 Stevens Creek Blvd in Cupertino. The asset encompasses 20,070 square feet and sits on a 1.22-acre site. The sale price for the property was $10,400,000, reflecting a price per square foot of $518.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10,400,000
- Buyer: Dan Woods - El Camino Health
- Seller: Yuki Farms LLC
- Brokers: Joel Yungen, Sean Toomey & MaryJane Bengiveno - JLL
- Market: Cupertino
- Size: 20,070 SF
- Acres: 1.22
The transaction was aimed at supporting El Camino Health's ambulatory expansion needs, with plans to redevelop the site into a medical office that can accommodate up to 18 physicians, providing primary care, urgent care, and imaging services.
Players
Cupertino Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93