1540 Bridgegate Drive, Diamond Bar, CA

Property Type Office - General Office
Property Size 51,840 SF
Lot Size 5.29 Acre
Parking Spaces Avail. 119
Parking Ratio 2.30/ 1,000 SF
Property Tenancy Single Tenant
Building Class B
Year Built 1987

Location

Map
Street

City Diamond Bar, CA
Neighborhood Diamond Bar
Zip Code 91765
Market Los Angeles

Contacts

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Owner

True 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 Date 17 Jun, 2016
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Diamond Bar

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

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Diamond Bar Office Market

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

2020 Avg. Asking Rent $30.37
2020 Office Vacancy Rate 5.91%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $137,288
Market Value* $11,936,051
Assessed Value $11,936,051

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*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 1540 Bridgegate Drive?

1540 Bridgegate Drive totals 51,840 square feet.

When was this property built?

1540 Bridgegate Drive was built in 1987.

When was 1540 Bridgegate Drive last sold?

1540 Bridgegate Drive was last sold on 17 Jun, 2016.

What is the property tax for 1540 Bridgegate Drive?

The property tax for 1540 Bridgegate Drive in 2021-2022 was $137,288.

What is the market value for 1540 Bridgegate Drive?

The market value* for 1540 Bridgegate Drive in 2021-2022 was $11,936,051.
*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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