Scott Place

Off-Market

120 Scott Drive, Menlo Park, CA 94025

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  • Property Type Office - General Office
  • Property Size 121,940 SF
  • Lot Size 6.7 Acre
  • Parking Spaces Avail. 401
  • Parking Ratio 3.29 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1990

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 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.

  • 2022 Avg. Asking Rent $120.32
  • 2022 Office Vacancy Rate 12.89%
  • 2022 Office Completions (SF)
View more Menlo Park market trends

Location

Getting Around

  • Walk Score ®

    40/100 Car-Dependent

  • Transit Score ®

    20/100 Minimal Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Menlo Park, CA
  • Neighborhood Lorelei Manor
  • Zip Code 94025
  • Market San Francisco

Points of Interest

  • Menlo Park

    1.84 miles

  • Redwood City

    2.88 miles

  • California Avenue

    4.16 miles

  • San Carlos

    4.77 miles

  • Belmont

    5.99 miles

  • San Antonio

    6.47 miles

  • Hillsdale

    7.87 miles

  • Downtown Mountain View

    8.19 miles

  • Mountain View

    8.28 miles

  • Hayward Park

    8.69 miles

  • Chevron Marsh Road

    0.23 miles

  • Marsh Road Valero

    0.70 miles

  • Olympian

    1.47 miles

  • Chevron

    1.52 miles

  • Conoco Phillips 76

    1.69 miles

  • Willow Cove Gas

    1.75 miles

  • 76

    1.80 miles

  • Shell

    1.85 miles

  • Chevron

    1.86 miles

  • Costco Gasoline

    2.10 miles

  • Barron Garage

    1.32 miles

  • Lot 12

    1.42 miles

  • Lot 13

    1.46 miles

  • Lot 8

    1.46 miles

  • Registration Parking

    1.50 miles

  • Lot 6

    1.59 miles

  • Lot 7

    1.63 miles

  • Lot 2

    1.65 miles

  • MidPen customer parking

    2.05 miles

  • MPPC

    2.24 miles

  • Hotel Nia

    0.17 miles

  • Red Cottage Inn and Suites

    1.68 miles

  • Park James

    1.79 miles

  • Best Western Plus Executive Suites

    1.85 miles

  • Menlo Park Inn

    1.86 miles

  • Holiday Inn Express

    2.02 miles

  • Hotel Lucent

    2.07 miles

  • Pacific Inn

    2.13 miles

  • Days Inn

    2.13 miles

  • Budget Inn

    2.18 miles

  • Squeeze In

    0.48 miles

  • Cho's Hawker Center

    1.25 miles

  • Mama Penny's

    1.26 miles

  • Turfside Grille

    1.29 miles

  • West Side Hot Dog Cart

    1.34 miles

  • Straw

    1.37 miles

  • Pizza Hut

    1.42 miles

  • Taqueria Apatzingan

    1.45 miles

  • Mi Tierra Linda

    1.47 miles

  • Taqueria El Jarochito

    1.47 miles

  • TIDE Academy

    0.32 miles

  • James Flood Magnet School

    0.60 miles

  • Taft Elementary School

    0.78 miles

  • Beechwood School

    0.83 miles

  • Belle Haven Elementary School

    1.08 miles

  • Laurel Elementary School

    1.09 miles

  • Encinal Elementary School

    1.22 miles

  • Peninsula School

    1.28 miles

  • Menlo-Atherton High School

    1.35 miles

  • Fair Oaks Elementary School

    1.40 miles

  • Downtown Children Center (PACCC-DCC)

    2.62 miles

  • The Learning Center

    3.08 miles

  • Stock Farm Road Children’s Center

    3.53 miles

  • Parents Nursery School

    3.89 miles

  • Mulberry House Madera Grove Children's Center

    3.93 miles

  • KinderCare

    4.60 miles

  • Building Kidz of Palo Alto

    4.79 miles

  • Right At School El Carmelo Elementary

    4.80 miles

  • El Carmelo Kids’ Club

    4.81 miles

  • Sunshine Montessori Preschool

    5.37 miles

Frequently Asked Questions

What is the total square footage of Scott Place?

Scott Place totals 121,940 square feet.

When was this property built?

Scott Place was built in 1990.

What is the property tax for Scott Place?

The property tax for Scott Place in 2023-2024 was $317,833.

What is the market value for Scott Place?

The market value* for Scott Place in 2023-2024 was $29,527,478.
*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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