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19400 Stevens Creek Boulevard

Dan Woods Of El Camino Health Acquires Office Building From Yuki Farms LLC For $10.4M
SOLDOffice

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:

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

Joel Yungen

JLL

Broker

$10.4M

vol

2 deals

Broker

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