1133 Old County Rd - Freestanding FOR SALE


San Carlos, CA 94070
$24,972,000 USD
415-269-8969
1133 Old County Rd, San Carlos, CA for Sale
$24,972,000 USD
Freestanding - FOR SALE
1/6
null | 6.15% Cap Rate

1133 Old County Rd
San Carlos, CA 94070


HIGHLIGHTS

  • Premier Bay Area Location with Exceptional Land Value
  • Affluent Demographics and High Income Area
  • High-Barrier to Entry Retail Node in Silicon Valley
  • Market-Leading Retail Environment
  • Strategic Access and Long-Term Potential
  • Strong Ownership & Sustainable Lease Structure

OVERVIEW

This absolute NNN Lucky Supermarket sits just off Hwy 101 in San Carlos, one of the wealthiest suburbs in the country, with average household incomes over $275K. The property offers more than 11 years of term, annual rent bumps, and cross-access to one of California’s top-performing Home Depots. Surrounded by high-volume retailers like Trader Joe’s and Best Buy, this is a stable, low-maintenance asset sitting on A+ Silicon Valley dirt.

FOR SALE DETAILS

PRICE

$24,972,000 USD

PRICE/SF

$572 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Lucky Supermarket

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.58 AC

LAND SF

156,075 SF

ZONING

PM0000

APN/PARCEL ID

046-171-160

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.