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Berkeley Medical Offices

Off-Market

2621 10th Street, Berkeley, CA 94710

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  • Property Type Office - R&D - Office
  • Property Size 62,000 Sqft
  • Lot Size 1.57 Acre
  • Parking Spaces Avail. 117
  • Parking Ratio 1.89/ 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Proposed Certified Silver
  • Building Class A
  • Year Built 2021

Location

  • City Berkeley, CA
  • Neighborhood Southwest Berkeley
  • Zip Code 94710
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Berkeley

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Berkeley Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.09
  • 2020 Office Vacancy Rate 9.51%
  • 2020 Office Completions (Sqft)
View more Berkeley market trends

Tax

  • Property Tax in 2021-2022 $618,416
  • Market Value $49,441,660
  • Assessed Value $49,441,660

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Berkeley Medical Offices?

Berkeley Medical Offices totals 62,000 square feet.

When was this property built?

Berkeley Medical Offices was built in 2021.

What is the property tax for Berkeley Medical Offices?

The property tax for Berkeley Medical Offices in 2021-2022 was $618,416.

What is the market value for Berkeley Medical Offices?

The market value for Berkeley Medical Offices in 2021-2022 was $49,441,660.

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