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2940 Mead Avenue

Off-Market

2940 Mead Avenue, Santa Clara, CA 95051

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 134,160 Sqft
  • Lot Size 5.95 Acre
  • Parking Spaces Avail. 67
  • Parking Ratio 0.50/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1974

Location

  • City Santa Clara, CA
  • Zip Code 95051
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 12 Nov, 2013
  • 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.

  • 2020 Avg. Asking Rent $44.49
  • 2020 Office Vacancy Rate 18.27%
  • 2020 Office Completions (Sqft) 244,655

Santa Clara Office Sales Trends

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

  • 2020 Avg. Price per Sqft $391.38
  • Y-o-Y Avg. PpSF Change -17.39%
  • 2020 Office Sales Volume $411.9M
  • 2020 Number of Transactions 4
View more Santa Clara market trends

Tax

  • Property Tax in 2021-2022 $265,680
  • Market Value $22,420,289
  • Assessed Value $22,420,289

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

Frequently Asked Questions

What is the total square footage of 2940 Mead Avenue?

2940 Mead Avenue totals 134,160 square feet.

When was this property built?

2940 Mead Avenue was built in 1974.

When was 2940 Mead Avenue last sold?

2940 Mead Avenue was last sold on 12 Nov, 2013.

What is the property tax for 2940 Mead Avenue?

The property tax for 2940 Mead Avenue in 2021-2022 was $265,680.

What is the market value for 2940 Mead Avenue?

The market value for 2940 Mead Avenue in 2021-2022 was $22,420,289.

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