251 Park Rd Bureau 616 m² 100 % Loué À vendre Burlingame, CA 94010 6 023 538 € (9 779,31 €/m²) Taux de capitalisation 1,70 %

Burlingame: Situated in between San Francisco and the South Bay; Burlingame is uniquely postured as a mid-point centrally located in the heart of the thriving and ever evolving Silicon Valley. The residential areas of Burlingame, Hillsborough and San Mateo are in the immediate vicinity of the Burlingame Downtown; making for a casual walk, drive or ride to “town”. The strong demographics of the area have lead to robust growth of the business community, attracting very strong retail, office, life science, technology. The synergy of the business community has reciprocally benefitted the residential enclave of those surrounding communities mentioned herein. Take a look at the business labeled area map of the immediate vicinity and one can only imagine the future potential growth this property may reap as the community evolves.
Downtown Burlingame Location: As noted; the subject property is centered in the epicenter of Downtown and is a mere stones throw away from Burlingame Avenue. New construction surrounds the property and is driving further growth by attracting additional retail, restaurants and offices. In front of and adjacent to the subject property is an abundance of both short and long term public parking. Public transportation corridors are also in the immediate vicinity: CalTrain, SamTrans, SFO, US101 and Interstate 280. Additionally, the subject property is located in the robust “Howard Mixed Use” zoning, see attached zoning information.
Attributes: The building offers: street retail, office suites- large and small, common area and easy access to abundant parking. The subject property has been meticulously cared for and upgraded by its current ownership with maintenance capital improvements as well as upgrades vital to the continued attraction to its constituents. These elements make this attractive choice for tenants. The multi-tenant platform of office and retail is provides a hedged tenant mix for its ownership.
Key Data Points:
• ± 7,763 SqFt Parcel (Per Realist Tax Records)
• ± 6,630 SqFt Building (Per Floor Plan Visuals)
• 13 Office Suites
• 3 Retail Suites; Facing Park Road
• ± 1,080 SqFt of Common Area (Per Floor Plan Visuals)
• Common Area Restrooms on First Floor
• Lush, Serene Inner Courtyard Area for “Common” Enjoyment
• Upgraded & Separately Metered Utilities
• Mixed Professional Rent Roll with mostly short term Leases in place.
• Mini Splits Serving Units w/ HVAC
• Abundant Short Term & Long Term Parking Surrounding the
Property.
• Downtown Burlingame - HMU (Howard Mixed Use) Zoning
• Comprehensive Disclosure Package Available Upon Request
• Please Contact Listing Agent for Offers and Related Info!