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Menlo Park Campus - Building 27

Off-Market

220 Jefferson Drive, Menlo Park, CA 94025

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  • Property Type Office - R&D - Office
  • Property Size 130,875 Sqft
  • Lot Size 6.71 Acre
  • Parking Spaces Avail. 344
  • Parking Ratio 2.63/ 1,000 SF
  • Property Tenancy Single Tenant

Location

  • City Menlo Park, CA
  • Neighborhood Belle Haven
  • Zip Code 94025
  • Market San Francisco

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

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

Market Trends

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.

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 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 (Sqft) 22,226
View more Menlo Park market trends

Tax

  • Property Tax in 2021-2022 $3,243,144
  • Market Value $296,828,132
  • Assessed Value $296,828,132

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

Frequently Asked Questions

What is the total square footage of Menlo Park Campus - Building 27?

Menlo Park Campus - Building 27 totals 130,875 square feet.

When was this property built?

Menlo Park Campus - Building 27 was built in 1973.

What is the property tax for Menlo Park Campus - Building 27?

The property tax for Menlo Park Campus - Building 27 in 2021-2022 was $3,243,144.

What is the market value for Menlo Park Campus - Building 27?

The market value for Menlo Park Campus - Building 27 in 2021-2022 was $296,828,132.

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