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3055 Patrick Henry Drive

Off-Market

3055 Patrick Henry Drive, Santa Clara, CA 95054

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  • Property Type Office - Flex - Office
  • Property Size 70,520 SF
  • Lot Size 3.82 Acre
  • Parking Spaces Avail. 239
  • Parking Ratio 3.40/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1981

Location

  • City Santa Clara, CA
  • Zip Code 95054
  • 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 08 Apr, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date

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 (SF) 244,655

Santa Clara Office Sales Trends

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

  • 2020 Avg. Price per SF $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 $361,622
  • Market Value* $30,273,941
  • Assessed Value $30,273,941

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 3055 Patrick Henry Drive?

3055 Patrick Henry Drive totals 70,520 square feet.

When was this property built?

3055 Patrick Henry Drive was built in 1981.

When was 3055 Patrick Henry Drive last sold?

3055 Patrick Henry Drive was last sold on 08 Apr, 2016.

What is the property tax for 3055 Patrick Henry Drive?

The property tax for 3055 Patrick Henry Drive in 2021-2022 was $361,622.

What is the market value for 3055 Patrick Henry Drive?

The market value* for 3055 Patrick Henry Drive in 2021-2022 was $30,273,941.
*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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