Cupertino, CA Office Overview
The town is home to about 60,000 residents and is part of the “Silicon Valley” super cluster of communities. Cupertino neighbors the cities of Santa Clara, Sunnyvale, Saratoga, San Jose, Los Altos, and Los Gatos. High technology and software-related businesses are two of the main occupiers of office space in Cupertino.
As of mid-2017, the Cupertino market encompassed nearly 5.3 million square feet of existing office space in properties larger than 50,000 square feet. The commercial real estate market in Cupertinosees consistently strong demand due to the city's central location in California's Silicon Valley.
Cupertino, CA Office Inventory Description
Locating the worldwide headquarters for Apple Inc. in Cupertino drove the local demand for Class A office space quite high. Class A and A+ office space in Cupertino makes up nearly 60% of the office inventory, while Class B space in the city accounts for just over 2.2 million square feet of the market inventory.
Cupertino is home to numerous investment-grade Class A properties, including the Cupertino City Center III on Steven Creek Boulevard, the Cupertino City Center IV, and the Cupertino Corporate Center at 1601 South De Anza Boulevard.
Cupertino, CA Commercial Inventory Breakdown
Office Spaces
Total: 9,808,433 SF
By square footage range:
- 50k to 100k SF: 1,068,120 SF / 10.89% of total office
- 100k to 500k SF: 4,881,813 SF / 49.77% of total office
- 500k to 1M SF: 978,000 SF / 9.97% of total office
- > 1M SF: 2,880,500 SF / 29.37% of total office
By class:
- Class A+: 2,880,500 SF / 29.37% of total office
- Class A: 2,909,582 SF / 29.66% of total office
- Class B: 2,208,351 SF / 22.51% of total office
Top 10 Largest Office Buildings
in Cupertino
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Apple Park - 1 Apple Park Way | 1 Apple Park Way, 95014 | 2,880,500 | 2018 |
| Apple - Vallco Two | 19333 Vallco Pkwy, 95014 | 311,038 | 1974 |
| Apple Park - Tantau 9 | 10335 North Tantau Avenue, 95014 | 290,500 | 2017 |
| Results Way Corporate Center II | 6 Results Way, 95014 | 227,000 | 1979 |
| Apple - De Anza 3 | 10500 North De Anza Blvd, 95014 | 211,024 | 1981 |
| Apple Campus - IL1 | 1 Infinite Loop, 95014 | 196,100 | 1993 |
| Cupertino City Center IV | 20450 Stevens Creek Blvd, 95014 | 169,851 | 1989 |
| Cupertino City Center III | 20400 Stevens Creek Blvd, 95014 | 169,426 | 1989 |
| Apple Campus - IL6 | 6 Infinite Loop, 95014 | 162,368 | 1993 |
| Ten200 | 10200 South De Anza Blvd, 95014 | 161,000 | 1998 |
Largest Office Properties Recently Completed
in Cupertino
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Apple Park - 1 Apple Park Way | 1 Apple Park Way, 95014 | 2,880,500 | 2018 |
| Apple Park - Tantau 9 | 10335 North Tantau Avenue, 95014 | 290,500 | 2017 |
| Main Street Cupertino - 19339 Stevens Creek Blvd | 19339 Stevens Creek Blvd, 95014 | 130,000 | 2015 |
| Main Street Cupertino - 19319 Stevens Creek Blvd | 19319 Stevens Creek Blvd, 95014 | 130,000 | 2015 |
| 10900 North Tantau Avenue | 10900 North Tantau Avenue, 95014 | 100,481 | 2009 |
| Apple - De Anza 12 | 10495 North De Anza Blvd, 95014 | 58,390 | 2008 |
| Ten200 | 10200 South De Anza Blvd, 95014 | 161,000 | 1998 |
| Apple Campus - IL1 | 1 Infinite Loop, 95014 | 196,100 | 1993 |
| Apple Campus - IL6 | 6 Infinite Loop, 95014 | 162,368 | 1993 |
| Apple Campus - IL2 | 2 Infinite Loop, 95014 | 157,922 | 1993 |
Cupertino, CA Green Office Space
High technology tenants put energy efficient office space at the top of their operating space priorities. With over 350,000 square feet of LEED-certified, EPA Energy Star-rated, and otherwise green-certified office space in Cupertino, developers are doing their best to meet the demand for more eco-conscious deliveries.
A great example of a LEED-certified office building in Cupertino is the Apple - De Anza 12 building. Constructed in 2008, this property contributes over 58,000 square feet of LEED Silver-certified Class A office space to the Cupertino real estate market. Perhaps the highest-profile property in town, the Apple Inc. headquarters at 1 Apple Park Way encompasses nearly 3 million square feet of LEED Platinum-certified modern office space.
Home to companies like Apple and innovative corridors such as Silicon Valley, it comes as no surprise that California is home to six of the top 30 largest green office markets in the country. The 2017 National Green Building Adoption Index surveyed the top 30 office markets to gauge the growth of adoption of green building practices. Over the past 12 years, the percentage of green office space across these top markets has increased from less than 5% in 2005 to roughly 38% by mid-2017, a very impressive seven-fold increase in 13 years.
Cupertino, CA's Top Office-Using Sectors
The Cupertino office market sees an ever-increasing demand for space from top office-using sectors like high technology, education, computer and software businesses, and large corporate office users.
- High Technology – Seagate Technology, Four-Phase systems, and Packeteer generate high demand for white collar office employment in Cupertino;
- Education – Institutions such as the Cupertino Union School District, the Foothill - De Anza Community College District, the Fremont Union High School District, and the numerous support businesses they attract, are all major users of office space in Cupertino;
- Computers & Software – Firms such as Apple and Chordiant help to create significantly high demand for white-collar office space in Cupertino;
- Corporate Offices – Security company Trend Micro and Bright Light are two of the main corporate drivers of demand for Cupertino commercial real estate.
Frequently Asked Questions
How much does office space cost in Cupertino, CA?
The average office rental rate in Cupertino, CA is $52.97 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Cupertino Office Market Trends for more stats.
What is the size of available office spaces in Cupertino, CA?
The Cupertino, CA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 100,182 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Cupertino, CA is 363 square feet, while the maximum rentable space on the market now is 200,000 square feet.
How do I get office space in Cupertino, CA?
Start your search for office space in Cupertino, CA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Cupertino, CA?
There are 82 office listings on the Cupertino, CA market. See all available office spaces for rent.
What other property types are available for lease in Cupertino, CA?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Cupertino Demographics
Population
- Total Population60,257
- Male Population(49.8 %) 30,036
- Female Population(50.2 %) 30,221
- Median Age41.60
Income/Financial
- Average Household Income$206,004
- Median Household Income$171,917
- Median Income 25-44$194,929
- Median Income 45-64$210,188
- Median Income Over 65$79,947