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The Clock Tower 20 Park Rd

7,270 SF 100% Leased Office Building Burlingame, CA 94010 £3,716,638 (£511/SF) 4.83% Net Initial Yield

Investment Highlights

  • 10 Office Suites
  • 2 Blocks Away from Burlingame Avenue
  • 25 Underground Parking Spaces
  • First Time on the Market in 45 Years

Executive Summary

David Harrington
License No. 2168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
2321 Rosecrans Ave.,
Suite 1225 El Segundo, CA 90245

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,270 SF
Building Class
C
Year Built
1980
Price
£3,716,638
Price Per SF
£511
Net Initial Yield
4.83%
NOI
£179,514
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,270 SF
Building FAR
0.64
Land Acres
0.26 AC
Zoning
C10000
Parking
28 Spaces (3.85 Spaces per 1,000 SF Leased)

Amenities

  • Public Transport
  • Air Conditioning
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
029-225-210
Land Assessment
£53,842
Improvements Assessment
£900,555
Total Assessment
£954,397
  • Listing ID: 34098302

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 20 Park Rd, Burlingame, CA 94010

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