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Sharon Heights Shopping Center - Availability Details

Off-Market

325 Sharon Park Dr, Menlo Park, CA 94025

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  • Property Type Retail
  • Property Size 72,000 Sqft

Location

  • City Menlo Park, CA
  • Neighborhood Sharon Heights
  • Zip Code 94025

Contacts

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Owner

  • Registered Owner

Brokers

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Documents

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Market Trends

Average Actual Rents in Menlo Park

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 Menlo Park Office Market

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

  • 2020 Avg. Asking Rent $100.39
  • 2020 Office Vacancy Rate 7.45 %
  • 2020 Office Completions (Sqft) 22,226
View more Menlo Park market trends

Tax

  • Property Tax in 2021-2022 $49,285
  • Market Value $4,503,790
  • Assessed Value $4,503,790

Find more tax info, including assessment history and abatements, on CommercialEdge