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550 Broadway

Off-Market

550 Broadway, Redwood City, CA 94063

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  • Property Type Office - Medical Office
  • Property Size 67,638 Sqft
  • Lot Size 2.3 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1967

Location

  • City Redwood City, CA
  • Neighborhood Ampex
  • Zip Code 94063
  • 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 Date 19 Jul, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Redwood City

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 Redwood City Office Market

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

  • 2020 Avg. Asking Rent $72.62
  • 2020 Office Vacancy Rate 9.05%
  • 2020 Office Completions (Sqft) 102,079
View more Redwood City market trends

Tax

  • Property Tax in 2021-2022 $450,177
  • Market Value $41,521,551
  • Assessed Value $41,521,551

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

Frequently Asked Questions

What is the total square footage of 550 Broadway?

550 Broadway totals 67,638 square feet.

When was this property built?

550 Broadway was built in 1967.

When was 550 Broadway last sold?

550 Broadway was last sold on 19 Jul, 2017.

What is the property tax for 550 Broadway?

The property tax for 550 Broadway in 2021-2022 was $450,177.

What is the market value for 550 Broadway?

The market value for 550 Broadway in 2021-2022 was $41,521,551.

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