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(408) 425-9359
Real Estate Company
3401-3415 Middlefield RD, Menlo Park, CA 94025
- $3,000,000
Listed by Gregory Terry, 650-678-1110 from Compass
(If provided) CoList: from
Sold listing courtesy of RECIP from RCIP
- Sold Price
- $3,000,000
- List Price
- $3,250,000
- Closing Date
- Jul 03, 2024
- MLS#
- ML81944310
- Status
- SOLD
- Lot Size
- 13,919
- Listing Area
- County Area / Fair Oaks Ave
- Year Built
- 1970
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!
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Additional Information
- Acres
- 0.32
- Age
- 53
- Cooling System
- Central AC, Multi-Zone
- Days On Market
- Unknown
- Floor Covering
- Laminate, Tile
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Unassigned Spaces, Uncovered Parking
- Heating System
- Central Forced Air
- Lot Size
- 13,919
- Neighborhood
- County Area / Fair Oaks Ave
- Other Rooms
- Office Area, Storage
- Other Utilities
- Public Utilities
- Present Use
- Commercial, Retail, Service
- Roof
- Rolled Composition, Tar and Gravel
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- C10000
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