2450 Cabrillo Hwy S - Office FOR SALE


Half Moon Bay, CA 94019- San Mateo-Foster City-Burlingame
$4,500,000 USD
650-888-7696
2450 Cabrillo Hwy S, Half Moon Bay, CA for Sale
$4,500,000 USD
Office - FOR SALE
1/19
null | 5% Cap Rate

2450 Cabrillo Hwy S
Half Moon Bay, CA 94019
San Mateo-Foster City-Burlingame


HIGHLIGHTS

  • Investors have the opportunity to acquire an exceptional office asset in one of the most dynamic and desirable locations on the Peninsula.
  • 2450 Cabrillo Hwy S represents a stunning office asset featuring modern interior finishes, multiple conference rooms, private offices and more.
  • Half Moon Bay is a thriving coastal city located 28 miles south of San Francisco and 40 miles from San Jose.
  • According to TrafficMetrix, the subject property benefits from high street exposure hosting an approximate daily vehicle count of 11,958.

OVERVIEW

2450 Cabrillo Hwy S is an exceptional office investment opportunity located in the thriving city of Half Moon Bay, California. Situated on a 36,743 square foot parcel of land, the subject property was originally constructed in 2002 and features a gross building area of approximately 14,932 square feet offering three beautifully designed large office suites. 2450 Cabrillo Hwy S represents a stunning office asset featuring modern interior finishes, multiple conference rooms, private offices, reception spaces, kitchenette, copy room, onsite parking and elevator access. Businesses located at the subject property have a strong street presence located just off of the Pacific Coast Highway which hosts a daily vehicle average of 11,958, according to TrafficMetrix. Half Moon Bay is a beautiful city located along the Pacific Coast and features forested hills, sunny beaches, and plenty of hiking trails. As the westernmost city in San Mateo County, the city is a scenic getaway established 28 miles south of San Francisco and 40 miles from San Jose. The investment appeal of this asset is driven by Half Moon Bay's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Francisco's Bay Area, 2450 Cabrillo Hwy S presents an attractive choice for peninsula tenants due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,743 SF

ZONING

Commercial PUD

APN/PARCEL ID

066-092-800

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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