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Sobrato Center for Nonprofits Campus - Buildings 1 & 2
461 Valley Way, Milpitas, CA 95035
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- Property Type Office - General Office
- Property Size 44,453 SF
- Lot Size 3.19 Acre
- Parking Spaces Avail. 84
- Parking Ratio 1.90/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1977
False
Location
- City Milpitas, CA
- Zip Code 95035
- Market Bay Area
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
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 (SF)
Milpitas Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $319.47
- Y-o-Y Avg. PpSF Change -17.18%
- 2020 Office Sales Volume $216.6M
- 2020 Number of Transactions 3
Tax
- Property Tax in 2021-2022 $86,657
- Market Value* $7,306,068
- Assessed Value $7,306,068
Find more tax info, including assessment history and abatements, on CommercialEdge
*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 Sobrato Center for Nonprofits Campus - Buildings 1 & 2?
Sobrato Center for Nonprofits Campus - Buildings 1 & 2 totals 44,453 square feet.
When was this property built?
Sobrato Center for Nonprofits Campus - Buildings 1 & 2 was built in 1977.
When was Sobrato Center for Nonprofits Campus - Buildings 1 & 2 last sold?
Sobrato Center for Nonprofits Campus - Buildings 1 & 2 was last sold on 23 Dec, 2003.
What is the property tax for Sobrato Center for Nonprofits Campus - Buildings 1 & 2?
The property tax for Sobrato Center for Nonprofits Campus - Buildings 1 & 2 in 2021-2022 was $86,657.
What is the market value for Sobrato Center for Nonprofits Campus - Buildings 1 & 2?
The market value* for Sobrato Center for Nonprofits Campus - Buildings 1 & 2 in 2021-2022 was $7,306,068.
*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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