Britannia Modular Labs IV

Property Type Office
Property Size 104,930 SF
Lot Size 4.11 Acre
Parking Spaces Avail. 314
Parking Ratio 3.00/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1968

Location

Map
Street

City South San Francisco, CA
Neighborhood The East Side
Zip Code 94080
Market San Francisco

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 31 Aug, 2006
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in South San Francisco

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

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in South San Francisco Office Market

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

2020 Avg. Asking Rent $59.72
2020 Office Vacancy Rate 9.01%
2020 Office Completions (SF) 164,150

View more South San Francisco market trends

Tax

Property Tax in 2021-2022 $366,530
Market Value* $34,646,978
Assessed Value $34,646,978

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*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 Britannia Modular Labs IV?

Britannia Modular Labs IV totals 104,930 square feet.

When was this property built?

Britannia Modular Labs IV was built in 1968.

When was Britannia Modular Labs IV last sold?

Britannia Modular Labs IV was last sold on 31 Aug, 2006.

What is the property tax for Britannia Modular Labs IV?

The property tax for Britannia Modular Labs IV in 2021-2022 was $366,530.

What is the market value for Britannia Modular Labs IV?

The market value* for Britannia Modular Labs IV in 2021-2022 was $34,646,978.
*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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