1261 Martin Avenue

Off-Market

1261 Martin Avenue, Santa Clara, CA 95050

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

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 96,161 SF
  • Lot Size 4.32 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1954

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 30 Apr, 2004
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Santa Clara

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 Santa Clara Office Market

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

  • 2022 Avg. Asking Rent $49.66
  • 2022 Office Vacancy Rate 27.37%
  • 2022 Office Completions (SF) 754,800
View more Santa Clara market trends

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Santa Clara, CA
  • Neighborhood Santa Clara
  • Zip Code 95050
  • Market Bay Area

Points of Interest

  • RideStop - Santa Clara Square - 5

    1.33 miles

  • RideStop - Santa Clara Square - 3

    1.38 miles

  • Santa Clara

    1.42 miles

  • Ride Stop - Santa Clara Square 4

    1.42 miles

  • Stop 2

    1.44 miles

  • RideStop - Santa Clara Square 2

    1.48 miles

  • RideStop - Santa Clara Square 1

    1.60 miles

  • Component

    1.89 miles

  • Bonaventura

    1.96 miles

  • Karina

    1.96 miles

  • Rotten Robbie

    0.18 miles

  • ChargePoint

    0.72 miles

  • 76

    0.72 miles

  • ChargePoint

    0.76 miles

  • Beam

    0.82 miles

  • Arco

    0.86 miles

  • Specialty Solid Waste CNG Station

    0.97 miles

  • 76

    1.09 miles

  • Rotten Robbie

    1.11 miles

  • 76

    1.12 miles

  • Nvidia parking garage

    0.55 miles

  • Economy Lot 1 Garage

    1.32 miles

  • Garage C

    1.33 miles

  • Santa Clara Police Parking

    1.36 miles

  • Santa Clara Transit Center

    1.38 miles

  • Garage A

    1.41 miles

  • Economy Lot 1

    1.45 miles

  • Garage D

    1.46 miles

  • UCSC Silicon Valley

    1.50 miles

  • Garage B

    1.53 miles

  • Carl's Jr.

    0.28 miles

  • Taqueria Vallarta

    0.28 miles

  • Tacos and Tequila

    0.44 miles

  • Athena Grill

    0.61 miles

  • Ed’s Teriyaki

    0.62 miles

  • Subway

    0.69 miles

  • Kenny’s Cafe

    0.77 miles

  • House of Egg Rolls

    0.87 miles

  • Jack in the Box

    0.98 miles

  • Su’s Mongolian BBQ

    0.98 miles

  • Arteagas Food Center

    0.56 miles

  • Elegant Hair & Nail

    1.03 miles

  • Sherwin-Williams Paint Store

    1.04 miles

  • Allstate Insurance

    1.04 miles

  • Patel Brothers

    1.08 miles

  • Smart & Final

    1.09 miles

  • New India Bazaar

    1.14 miles

  • Target

    1.27 miles

  • Sprouts Farmers Market

    1.31 miles

  • Whole Foods Market

    1.49 miles

  • Santa Clara Fire Station 2

    0.26 miles

  • Crossover @San Tomas Health Center

    0.96 miles

  • Costco Pharmacy

    1.13 miles

  • San Jose Police Department Airport Division

    1.17 miles

  • Walgreens

    1.19 miles

  • Santa Clara Police Department

    1.27 miles

  • Leonard J. George Fire Station

    1.27 miles

  • Santa Clara Fire Station 5

    1.46 miles

  • Rite Aid

    1.60 miles

  • Sutter Health

    1.64 miles

Frequently Asked Questions

What is the total square footage of 1261 Martin Avenue?

1261 Martin Avenue totals 96,161 square feet.

When was this property built?

1261 Martin Avenue was built in 1954.

When was 1261 Martin Avenue last sold?

1261 Martin Avenue was last sold on 30 Apr, 2004.

What is the property tax for 1261 Martin Avenue?

The property tax for 1261 Martin Avenue in 2022-2023 was $48,031.

What is the market value for 1261 Martin Avenue?

The market value* for 1261 Martin Avenue in 2022-2023 was $4,086,720.
*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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