Downing Center 15525-15569 Union Ave 1,120 - 9,901 SF of Retail Space Available in Los Gatos, CA 95032

HIGHLIGHTS

  • Very busy Safeway anchored shopping center with a good combination of food and beverage tenants as well as personal services and fitness.

SPACE AVAILABILITY (4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste A8
  • 1,972 SF
  • 5 Years
  • Upon Request
  • Triple Net (NNN)
15525-15595 Union Ave - 1st Floor - Ste A8
Space Use
Retail
Condition
Full Build-Out
Availability
November 01, 2026
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Highly Desirable End Cap Space
  • Can potentially be a restaurant.
  • Patio area in place.
  • 1st Floor, Ste B4/B5
  • 2,609 SF
  • 5-10 Years
  • Upon Request
  • Triple Net (NNN)
15551-15569 Union Ave - 1st Floor - Ste B4/B5
Space Use
Retail
Condition
Shell Space
Availability
Now

Broad storefront with great glass and possibilities for outdoor seating in front of the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Great glass and light into the space.
  • 1st Floor, Ste B7
  • 1,120 SF
  • 5 Years
  • Upon Request
  • Triple Net (NNN)
15551-15569 Union Ave - 1st Floor - Ste B7
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste C
  • 1,802-4,200 SF
  • Negotiable
  • Upon Request
  • Triple Net (NNN)
15521 Union Ave - 1st Floor - Ste C
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Former Chase Bank. Now closed. No vault in the space.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste A8 1,972 SF 5 Years Upon Request Triple Net (NNN)
1st Floor, Ste B4/B5 2,609 SF 5-10 Years Upon Request Triple Net (NNN)
1st Floor, Ste B7 1,120 SF 5 Years Upon Request Triple Net (NNN)
1st Floor, Ste C 1,802-4,200 SF Negotiable Upon Request Triple Net (NNN)

15525-15595 Union Ave - 1st Floor - Ste A8

Size
1,972 SF
Term
5 Years
Rental Rate
Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
November 01, 2026

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
  • Highly Desirable End Cap Space
  • Can potentially be a restaurant.
  • Patio area in place.

15551-15569 Union Ave - 1st Floor - Ste B4/B5

Size
2,609 SF
Term
5-10 Years
Rental Rate
Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
Now

Broad storefront with great glass and possibilities for outdoor seating in front of the space.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Great glass and light into the space.

15551-15569 Union Ave - 1st Floor - Ste B7

Size
1,120 SF
Term
5 Years
Rental Rate
Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

15521 Union Ave - 1st Floor - Ste C

Size
1,802-4,200 SF
Term
Negotiable
Rental Rate
Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Former Chase Bank. Now closed. No vault in the space.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Bank
  • Space is an outparcel at this property
  • Space is in Excellent Condition

SITE PLAN

SELECT TENANTS AT DOWNING CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Safeway
  • Retailer
  • -
  • -
  • Starbucks Coffee Company
  • Retailer
  • -
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Safeway Retailer - -
Starbucks Coffee Company Retailer - -

PROPERTY FACTS

Total Space Available 9,901 SF
Min. Divisible 1,120 SF
Center Type Neighborhood Center
Parking 311 Spaces
Stores 19
Center Properties 3
Frontage 1,290’ on Union Ave
Gross Leasable Area 71,820 SF
Total Land Area 6.30 AC
Year Built 1992

ABOUT THE PROPERTY

Located a half mile off of Highway 85 and one exit south of Highway 17. This is a very busy Safeway anchored neighborhood shopping center. The neighborhood has strong demographics and a good daytime population.

  • Signalized Intersection

NEARBY MAJOR RETAILERS

Starbucks
Safeway
Cycle Bar
Jazzercise
U.S. Bank
  • Listing ID: 16181318

  • Date on Market: 5/8/2025

  • Last Updated:

  • Address: 15525-15569 Union Ave, Los Gatos, CA 95032