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1535 & 1541 Rollins Road

Off-Market

1535 Rollins Road, Burlingame, CA 94010

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 74,474 SF
  • Lot Size 3.23 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1968

Location

  • City Burlingame, CA
  • Zip Code 94010
  • Market San Francisco

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 Burlingame

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 Burlingame Office Market

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

  • 2020 Avg. Asking Rent $53.98
  • 2020 Office Vacancy Rate 11.72%
  • 2020 Office Completions (SF) 703,600
View more Burlingame market trends

Tax

  • Property Tax in 2021-2022 $146,219
  • Market Value* $12,778,052
  • Assessed Value $12,778,052

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1535 & 1541 Rollins Road?

1535 & 1541 Rollins Road totals 74,474 square feet.

When was this property built?

1535 & 1541 Rollins Road was built in 1968.

What is the property tax for 1535 & 1541 Rollins Road?

The property tax for 1535 & 1541 Rollins Road in 2021-2022 was $146,219.

What is the market value for 1535 & 1541 Rollins Road?

The market value* for 1535 & 1541 Rollins Road in 2021-2022 was $12,778,052.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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