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300 Franklin Square
Off-Market
300 Franklin Square Drive, Somerset, NJ 08873
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - Flex - Office
- Property Size 58,845 SF
- Lot Size 5.65 Acre
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1991
False
Location
- City Somerset, NJ
- Neighborhood Franklin Center
- Zip Code 08873
- Market New Jersey
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Somerset
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Asking Rents in Somerset Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $21.62
- 2020 Office Vacancy Rate 23.74%
- 2020 Office Completions (SF)
Tax
- Property Tax in 2021 $120,835
- Market Value* $5,500,000
- Assessed Value $5,500,000
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 300 Franklin Square?
300 Franklin Square totals 58,845 square feet.
When was this property built?
300 Franklin Square was built in 1991.
When was 300 Franklin Square last sold?
300 Franklin Square was last sold on 22 Aug, 2017.
What is the property tax for 300 Franklin Square?
The property tax for 300 Franklin Square in 2021 was $120,835.
What is the market value for 300 Franklin Square?
The market value* for 300 Franklin Square in 2021 was $5,500,000.
*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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