1435-1447 Burlingame Avenue - Retail FOR SALE


Burlingame, CA 94010- Downtown Burlingame
$15,000,229 USD
408-453-7419
1435-1447 Burlingame Avenue, Burlingame, CA for Sale
$15,000,229 USD
Retail - FOR SALE
1/5
null | 4.4% Cap Rate

1435-1447 Burlingame Avenue
Burlingame, CA 94010
Downtown Burlingame


HIGHLIGHTS

  • Iconic Downtown Burlingame – Located directly on the heart of Burlingame Avenue, the Peninsula’s premier luxury and boutique retail corridor
  • Strong Connectivity – Just steps from El Camino Real (CA-82), which sees ±19,000 -26,300+ CPD, and is minutes from US-101 ±258,500 - 270,700 CPD
  • Rare Main Street Retail With Limited Supply– Downtown Burlingame’s stringent zoning, scarce inventory, and extremely low vacancy
  • Affluent & High-Spending Trade Area – Within a one-mile radius, the property is surrounded by 26,631 residents, median household income $239,701

OVERVIEW

1435–1447 Burlingame Avenue offers investors a rare opportunity to acquire a fully-occupied Main Street retail asset in one of the Bay Area’s most coveted and supply-constrained retail corridors. Positioned along Burlingame’s premier shopping and dining district.

FOR SALE DETAILS

PRICE

$15,000,229 USD

PRICE/SF

$1,285 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bank, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,633 SF

ZONING

BAC

APN/PARCEL ID

029-121-040,029-201-060

ASK ABOUT THIS PROPERTY

James KayeCBRE, Inc.More Info
408-453-7419

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James KayeCBRE, Inc.More Info
408-453-7419

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