630 N San Mateo Dr 17,398 SF Office Building San Mateo, CA 94401 £9,605,850 (£552.12/SF) 6.20% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Own a Well- Located Fully-Leased Office Building in San Mateo with On-Site Parking.
- Great Location- Close to the downtowns of Burlingame & San Mateo, CalTrain, SFO, and Highway 101.
- Excellent Tenant on a Long-Term Lease.
EXECUTIVE SUMMARY
17,398 Sq.Ft. San Mateo Office Building.
Fully Leased Investment with a 10 Year Term by a High Quality Tenant.
Fully Leased Investment with a 10 Year Term by a High Quality Tenant.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,398 SF
Building Class
B
Year Built/Renovated
1961/2024
Price
£9,605,850
Price Per SF
£552.12
Net Initial Yield
6.20%
NOI
£595,563
Tenancy
Single
Number of Floors
2
Typical Floor Size
11,000 SF
Building FAR
0.68
Lot Size
0.59 AC
Zoning
E2-1.5 - General Office, Medical, Schools
Parking
40 Spaces (2.3 Spaces per 1,000 SF Leased)
1 of 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 032-161-150 | Improvements Assessment | £653,198 |
| Land Assessment | £3,342,836 | Total Assessment | £3,996,034 |
