Commonwealth Corporate Center I
162 Jefferson Drive, Menlo Park, CA 94025
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- Property Type Office - General Office
- Property Size 129,960 SF
- Lot Size 12.1 Acre
- Parking Spaces Avail. 432
- Parking Ratio 3.33/ 1,000 SF
- Property Tenancy Single Tenant
- Building Class A
- Year Built 2016
- City Menlo Park, CA
- Neighborhood Belle Haven
- Zip Code 94025
- Market San Francisco
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Menlo Park
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.
Asking Rents in Menlo Park Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $100.39
- 2020 Office Vacancy Rate 7.45%
- 2020 Office Completions (SF) 22,226
- Property Tax in 2021-2022 $985,968
- Market Value* $90,141,483
- Assessed Value $90,141,483
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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 Commonwealth Corporate Center I?
Commonwealth Corporate Center I totals 129,960 square feet.
When was this property built?
Commonwealth Corporate Center I was built in 2016.
What is the property tax for Commonwealth Corporate Center I?
The property tax for Commonwealth Corporate Center I in 2021-2022 was $985,968.
What is the market value for Commonwealth Corporate Center I?
The market value* for Commonwealth Corporate Center I in 2021-2022 was $90,141,483.
*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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