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3408 Garrett Drive

Off-Market

3408 Garrett Drive, Santa Clara, CA 95054

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  • Property Type Office - R&D - Office
  • Property Size 30,427 Sqft
  • Lot Size 2.57 Acre
  • Parking Spaces Avail. 121
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1979

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 01 Dec, 2021
  • 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 $43,397
  • Market Value $3,633,060
  • Assessed Value $3,633,060

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

Frequently Asked Questions

What is the total square footage of 3408 Garrett Drive?

3408 Garrett Drive totals 30,427 square feet.

When was this property built?

3408 Garrett Drive was built in 1979.

When was 3408 Garrett Drive last sold?

3408 Garrett Drive was last sold on 01 Dec, 2021.

What is the property tax for 3408 Garrett Drive?

The property tax for 3408 Garrett Drive in 2021-2022 was $43,397.

What is the market value for 3408 Garrett Drive?

The market value for 3408 Garrett Drive in 2021-2022 was $3,633,060.

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