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Ross Drive Technology Park

Off-Market

888 Ross Drive, Sunnyvale, CA 94089

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  • Property Type Office - R&D - Office
  • Property Size 139,482 SF
  • Lot Size 8.98 Acre
  • Parking Spaces Avail. 557
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • City Sunnyvale, CA
  • Zip Code 94089
  • 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 05 Jan, 2022
  • 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.

  • 2020 Avg. Asking Rent $67.19
  • 2020 Office Vacancy Rate 7.04%
  • 2020 Office Completions (SF) 977,733
View more Sunnyvale market trends

Tax

  • Property Tax in 2021-2022 $1,351,158
  • Market Value* $114,582,582
  • Assessed Value $114,582,582

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 Ross Drive Technology Park?

Ross Drive Technology Park totals 139,482 square feet.

When was this property built?

Ross Drive Technology Park was built in 1985.

When was Ross Drive Technology Park last sold?

Ross Drive Technology Park was last sold on 05 Jan, 2022.

What is the property tax for Ross Drive Technology Park?

The property tax for Ross Drive Technology Park in 2021-2022 was $1,351,158.

What is the market value for Ross Drive Technology Park?

The market value* for Ross Drive Technology Park in 2021-2022 was $114,582,582.
*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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