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34013415 Middlefield Road

Menlo Park, CA 94025
  • $3,750,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: ML81944310
UPDATED: 9 min ago
$3,750,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Gregory Terry of Compass ((650) 375-1111)


Description

A rare opportunity to own a great investment property in one of the most sought after areas on the San Francisco Peninsula! Situated on a large prominent corner parcel hosting two long term occupants, this meticulous property has so much to offer! Here are just some important attributes of this offering: Prime, Large Parcel at 8th Avenue & Middlefield Road is 13,919 SqFt (per Tax Record), Long-Term Tenants - National Brand Recognition (QuikStop, Pizza Hut) - Both Tenants on NNN Leases, Both Leases have 4+ Years Remaining, 4.16% CAP Rate; $156,067.68 NOI, Robust Zoning Opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144188186
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34013415 Middlefield Road Menlo Park, CA 94025

  • Price: $3,750,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 9 min ago
  • ID#: ML81944310
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1970
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
Property Description
A rare opportunity to own a great investment property in one of the most sought after areas on the San Francisco Peninsula! Situated on a large prominent corner parcel hosting two long term occupants, this meticulous property has so much to offer! Here are just some important attributes of this offering: Prime, Large Parcel at 8th Avenue & Middlefield Road is 13,919 SqFt (per Tax Record), Long-Term Tenants - National Brand Recognition (QuikStop, Pizza Hut) - Both Tenants on NNN Leases, Both Leases have 4+ Years Remaining, 4.16% CAP Rate; $156,067.68 NOI, Robust Zoning Opportunity!
Exterior Features

Parking Total 12 Roof Tar/Gravel

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 178319 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 0 Tax Annual Amount 17290 Trash Expense 0 Water Source Public Zoning C10000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Gregory Terry of Compass ((650) 375-1111)