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1565 Barber Lane

Off-Market

1565 Barber Lane, Milpitas, CA 95035

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  • Property Type Office - General Office
  • Property Size 102,668 Sqft
  • Lot Size 5.48 Acre
  • Parking Spaces Avail. 349
  • Parking Ratio 3.40/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1981

Location

  • City Milpitas, CA
  • Zip Code 95035
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 19 Mar, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Milpitas

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 Milpitas Office Market

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

  • 2020 Avg. Asking Rent $31.60
  • 2020 Office Vacancy Rate 13.42%
  • 2020 Office Completions (Sqft)

Milpitas Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $319.47
  • Y-o-Y Avg. PpSF Change -17.18%
  • 2020 Office Sales Volume $216.6M
  • 2020 Number of Transactions 3
View more Milpitas market trends

Tax

  • Property Tax in 2021-2022 $488,883
  • Market Value $41,525,796
  • Assessed Value $41,525,796

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

Frequently Asked Questions

What is the total square footage of 1565 Barber Lane?

1565 Barber Lane totals 102,668 square feet.

When was this property built?

1565 Barber Lane was built in 1981.

When was 1565 Barber Lane last sold?

1565 Barber Lane was last sold on 19 Mar, 2020.

What is the property tax for 1565 Barber Lane?

The property tax for 1565 Barber Lane in 2021-2022 was $488,883.

What is the market value for 1565 Barber Lane?

The market value for 1565 Barber Lane in 2021-2022 was $41,525,796.

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