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Broadcom Headquarters - 250 Innovation Drive

Off-Market

250 Innovation Drive, San Jose, CA 95134

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 175,702 Sqft
  • Lot Size 7.08 Acre
  • Parking Spaces Avail. 560
  • Parking Ratio 3.19/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 1986

Location

  • City San Jose, CA
  • Neighborhood North San Jose
  • Zip Code 95134
  • Market Bay Area

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 Date 17 Dec, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Jose

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 San Jose Office Market

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

  • 2020 Avg. Asking Rent $49.98
  • 2020 Office Vacancy Rate 14.46%
  • 2020 Office Completions (Sqft) 461,660

San Jose Office Sales Trends

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

  • 2020 Avg. Price per Sqft $374.97
  • Y-o-Y Avg. PpSF Change 11.77%
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 25
View more San Jose market trends

Tax

  • Property Tax in 2021-2022 $2,498,916
  • Market Value $207,810,086
  • Assessed Value $207,810,086

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

Frequently Asked Questions

What is the total square footage of Broadcom Headquarters - 250 Innovation Drive?

Broadcom Headquarters - 250 Innovation Drive totals 175,702 square feet.

When was this property built?

Broadcom Headquarters - 250 Innovation Drive was built in 1986.

When was Broadcom Headquarters - 250 Innovation Drive last sold?

Broadcom Headquarters - 250 Innovation Drive was last sold on 17 Dec, 2015.

What is the property tax for Broadcom Headquarters - 250 Innovation Drive?

The property tax for Broadcom Headquarters - 250 Innovation Drive in 2021-2022 was $2,498,916.

What is the market value for Broadcom Headquarters - 250 Innovation Drive?

The market value for Broadcom Headquarters - 250 Innovation Drive in 2021-2022 was $207,810,086.

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