$3,000,000
$3,250,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
3401-3415 Middlefield Road Menlo Park, CA 94025
3,420 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $877
MLS Listing ID ML81944310
Sold Date 07/03/24
HOA Y/N No
Year Built 1970
Lot Size 0.320 Acres
Acres 0.32
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!
Location
State CA
County San Mateo
Area Listing
Zoning C100
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 060182390
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with Recip