Kaiser Permanente Cypress Building

1190 Veterans Blvd, Redwood City, CA 94063

Off-Market

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  • Property Type Office - Medical Office
  • Property Size 45,213 SF
  • Lot Size 8.31 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1987

Location

  • City Redwood City, CA
  • Neighborhood Middlefield
  • Zip Code 94063
  • Market San Francisco

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 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 (SF) 102,079
View more Redwood City market trends

Tax

  • Property Tax in 2021-2022 $5,015,002
  • Market Value* $461,022,372
  • Assessed Value $461,022,372

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 Kaiser Permanente Cypress Building?

Kaiser Permanente Cypress Building totals 45,213 square feet.

When was this property built?

Kaiser Permanente Cypress Building was built in 1987.

What is the property tax for Kaiser Permanente Cypress Building?

The property tax for Kaiser Permanente Cypress Building in 2021-2022 was $5,015,002.

What is the market value for Kaiser Permanente Cypress Building?

The market value* for Kaiser Permanente Cypress Building in 2021-2022 was $461,022,372.
*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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