1901 S Norfolk St - Fast Food FOR SALE


San Mateo, CA 94403- Shoreview
$2,300,000 USD
650-207-1317
1901 S Norfolk St, San Mateo, CA for Sale
$2,300,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

1901 S Norfolk St
San Mateo, CA 94403
Shoreview


HIGHLIGHTS

  • Convenient access to Highways 101 and 92
  • NNN Leased Retail Investment.
  • Current Use : Restaurant.

OVERVIEW

PRICE REDUCTION NNN Leased Retail Investment For Sale Former Taco Bell, now Apple Fritter Restaurant - Built in 1977 - 100% Occupied - Five rooms, Two restrooms. - Current Use : Restaurant - FAR : 1 - Remaining lease is three more years with optionto extend for five more years effective October 1, 2028. - Outdoor seating - Convenient access to Highways 101 and 92 ZONING C-4-1, Commercial, which includes zoning categories C1, C2, and C-3. Zoning allows residential development.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$1,676 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,503 SF

ZONING

C-4-1

APN/PARCEL ID

035-392-100

ASK ABOUT THIS PROPERTY

John WeatherbyNewmarkMore Info
650-207-1317

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John WeatherbyNewmarkMore Info
650-207-1317

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