222 Caspian Drive

Off-Market

222 Caspian Drive, Sunnyvale, CA 94089

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

  • Property Type Office - General Office
  • Property Size 96,420 SF
  • Lot Size 5.29 Acre
  • Parking Spaces Avail. 327
  • Parking Ratio 3.40 / 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified Silver
  • Building Class A
  • Year Built 1977

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 23 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Sunnyvale

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 Sunnyvale Office Market

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

  • 2021 Avg. Asking Rent $71.26
  • 2021 Office Vacancy Rate 12.65%
  • 2021 Office Completions (SF) 1,362,087

Sunnyvale Office Sales Trends

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

  • 2021 Avg. Price per SF $708.24
  • 2021 Office Sales Volume $1.2B
  • 2021 Number of Transactions 15
View more Sunnyvale market trends

Location

Getting Around

  • Walk Score ®

    26/100 Car-Dependent

  • Transit Score ®

    43/100 Some Transit

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Sunnyvale, CA
  • Neighborhood Sunnyvale
  • Zip Code 94089
  • Market Bay Area

Points of Interest

  • Borregas

    0.10 miles

  • Crossman

    0.42 miles

  • Lockheed Martin

    0.58 miles

  • Fair Oaks

    0.80 miles

  • Vienna

    1.16 miles

  • Moffett Park

    1.18 miles

  • Reamwood

    1.69 miles

  • Bayshore/NASA

    1.89 miles

  • Old Ironsides

    2.14 miles

  • Middlefield

    2.27 miles

  • eVgo

    0.76 miles

  • Chevron

    1.24 miles

  • Shell

    1.36 miles

  • 76

    1.37 miles

  • Sunnyvale Beacon Gas

    1.46 miles

  • Valero Sunnyvale

    1.52 miles

  • Valero

    1.57 miles

  • Lakewood Shell

    1.61 miles

  • World Oil

    1.76 miles

  • Valero

    1.79 miles

  • Parking Structure B

    0.46 miles

  • Parking Structure A

    0.64 miles

  • Vagabond Inn Sunnyvale - Parking

    1.28 miles

  • Employee Parking

    1.77 miles

  • Customer Parking

    1.80 miles

  • Red Lot 5

    1.82 miles

  • Blue Lot 3

    1.87 miles

  • Red Lot 4

    1.98 miles

  • Parking for Building 503

    2.04 miles

  • Blue Lot 1

    2.05 miles

  • AC Hotel by Marriott Sunnyvale Cupertino

    0.32 miles

  • TETRA Hotel, Autograph Collection

    0.33 miles

  • Extended Stay America San Jose Sunnyvale

    0.58 miles

  • Sheraton Fitness Center

    0.71 miles

  • Radisson

    0.84 miles

  • Days Inn & Suites Sunnyvale

    0.99 miles

  • Comfort Inn Sunnyvale - Silicon Valley

    1.04 miles

  • Americas Best Value Inn

    1.07 miles

  • Sonesta ES Suites Sunnyvale

    1.09 miles

  • Quality Inn Sunnyvale

    1.10 miles

  • Togo’s

    0.49 miles

  • ¡Una Mas!

    0.50 miles

  • Faz Restaurant & Bar

    0.71 miles

  • Lados

    0.72 miles

  • zpizza

    0.74 miles

  • Boardwalk

    0.82 miles

  • Astoria Grill

    0.97 miles

  • Ruby's Pan Dulce

    1.14 miles

  • Minh’s

    1.14 miles

  • Ruby's Taqueria

    1.15 miles

  • Cogswell Polytechnical College

    0.50 miles

  • Foothill College Sunnyvale Center

    0.86 miles

  • Summit Denali High School

    1.22 miles

  • Columbia Middle School

    1.25 miles

  • Lakewood Elementary School

    1.33 miles

  • San Miguel Elementary School

    1.56 miles

  • The Kings Academy

    1.76 miles

  • The King’s Academy

    1.84 miles

  • Fairwood Explorer Elementary School

    1.85 miles

  • Bishop Elementary

    1.86 miles

  • Rainbow Montessori Child Development Center

    1.76 miles

  • Wildflower Play-School

    1.87 miles

  • The Rising Stars of Sunnyvale

    2.25 miles

  • Child Development Lab Center

    2.40 miles

  • KinderCare

    2.43 miles

  • Child Development Services Building 2

    2.43 miles

  • Precious Moments Preschool

    2.52 miles

  • N-270

    2.56 miles

  • The Rising Stars Family Daycare

    2.77 miles

  • Vargas Child Development Center

    2.86 miles

Frequently Asked Questions

What is the total square footage of 222 Caspian Drive?

222 Caspian Drive totals 96,420 square feet.

When was this property built?

222 Caspian Drive was built in 1977.

When was 222 Caspian Drive last sold?

222 Caspian Drive was last sold on 23 Jun, 2015.

What is the property tax for 222 Caspian Drive?

The property tax for 222 Caspian Drive in 2022-2023 was $757,647.

What is the market value for 222 Caspian Drive?

The market value* for 222 Caspian Drive in 2022-2023 was $64,806,037.
*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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