300 Research Pkwy, Meriden, CT

Property Type Office - General Office
Property Size 35,040 SF
Lot Size 4.76 Acre
Parking Spaces Avail. 115
Parking Ratio 3.30/ 1,000 SF
Property Tenancy Owner Occupied
Building Class B
Year Built 1976

Location

Map
Street

City Meriden, CT
Zip Code 06450
Market Bridgeport New Haven

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 03 Feb, 2016
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Meriden

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 Meriden Office Market

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

2020 Avg. Asking Rent $24.03
2020 Office Vacancy Rate 18.38%
2020 Office Completions (SF)

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Tax

Property Tax in 2021 $46,773
Market Value* $1,635,300
Assessed Value $1,635,300

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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 300 Research Pkwy?

300 Research Pkwy totals 35,040 square feet.

When was this property built?

300 Research Pkwy was built in 1976.

When was 300 Research Pkwy last sold?

300 Research Pkwy was last sold on 03 Feb, 2016.

What is the property tax for 300 Research Pkwy?

The property tax for 300 Research Pkwy in 2021 was $46,773.

What is the market value for 300 Research Pkwy?

The market value* for 300 Research Pkwy in 2021 was $1,635,300.
*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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