The Clock Tower | 20 Park Rd
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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
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
Lot Size
0.26 AC
Zoning
C10000
Parking
28 Spaces (3.85 Spaces per 1,000 SF Leased)
Amenities
- Public Transport
- Air Conditioning
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
Parcel Number | 029-225-210 | Improvements Assessment | £900,555 |
Land Assessment | £53,842 | Total Assessment | £954,397 |
PROPERTY TAXES
Parcel Number
029-225-210
Land Assessment
£53,842
Improvements Assessment
£900,555
Total Assessment
£954,397
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The Clock Tower | 20 Park Rd
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