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EXECUTIVE SUMMARY
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire a fully-leased R&D building in Menlo Park. 3603 Haven Avenue is one of two standalone buildings located in the Menlo Business Center. The building boasts nearly 60 on-site parking spaces and a high-voltage transformer providing the building with 4160 Amps and 480 Volts. There are several grade level doors, and each of the two suites is separately metered. Mainspring Energy currently occupies both suites with a lease expiring August 2027. The interiors feature a partial drop ceiling combined with high-ceilinged lab space. 3603 Haven Avenue presents a great opportunity to purchase a fully-leased R&D building in the life science centric market of east Menlo Park.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 1985 |
| Property Subtype | Flex Research & Development | Parking Ratio | 4/1,000 SF |
| Building Class | C | Clear Ceiling Height | 10’ |
| Lot Size | 1.27 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 21,162 SF | ||
| Zoning | M2, Menlo Park | ||
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 1.27 AC |
| Rentable Building Area | 21,162 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 4/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M2, Menlo Park |
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PROPERTY TAXES
| Parcel Number | 112-571-020 | Improvements Assessment | $1,603,818 CAD |
| Land Assessment | $12,877,281 CAD | Total Assessment | $14,481,100 CAD |
PROPERTY TAXES
Parcel Number
112-571-020
Land Assessment
$12,877,281 CAD
Improvements Assessment
$1,603,818 CAD
Total Assessment
$14,481,100 CAD
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Bldg B | 3603 Haven Ave
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