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161 W 25th Avenue - 25TH Avenue Professional Building, San Mateo, CA

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161 W 25th Avenue - 25TH Avenue Professional Building

San Mateo, CA 94403-2266 - San Mateo-Corridor/Hwy 92 Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:-
Stories:2 Typical Floor:5,812 SF Building Size:11,625 SF
For Sale Price:$3,500,000 Price/SF:$301.08
Cap Rate:3.75 %
Parking:Free Surface spaces are available; Ratio of .51/1,000 SF

This building consists of small suites with interior courtyards.

Sale Notes:
The property is located along 25th Avenue (6,410 AADT) near the intersection with South El Camino Real (46,000 AADT) within a dense commercial corridor less than two miles south of downtown San Mateo. The is a dense infill location that benefits from the large number of amenities in proximity, such as restaurants, retailers, public transit, and recreational attractions, making this an ideal setting for an office building. The property is highly visible and easily accessible, as the intersection of California State Route 92 and South El Camino Real is less than half a mile north of the property, while just east of here is the Highway 101 (252,000 AADT) and Highway 92 (116,000 AADT) interchange. Additionally, the Hillsdale Caltrain station is within walking distance from the property. The station is located across from the Hillsdale Shopping Center one of the first shopping centers of its kind in the U.S. and currently the largest shopping center in San Mateo County with over 1.3 million square feet of retail area.

Newmark Cornish & Carey
Josh J Rowell
(650) 358-5261

Graham Woodall
(650) 358-5274

Newmark Cornish & Carey - Maffia Team
Mike Maffia
(415) 445-5144

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