2950 Whipple Ave - Medical FOR SALE


Redwood City, CA 94062- Oak Knoll-Redwood Park
$7,750,000 USD
650-771-3000
2950 Whipple Ave, Redwood City, CA for Sale
$7,750,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

2950 Whipple Ave
Redwood City, CA 94062
Oak Knoll-Redwood Park


HIGHLIGHTS

  • Located directly on the Sequoia Hospital campus in Redwood City.
  • Positioned across from the hospital emergency room entrance.
  • Existing medical infrastructure supports healthcare occupancy.
  • Flexible lease profile may benefit owner-users and investors.
  • On-site garage and surface parking provide convenient access.
  • Convenient access to Highway 280, U.S. 101, and regional transit.

OVERVIEW

2950 Whipple Avenue presents the opportunity to acquire a multi-tenant medical office property located directly on the Sequoia Hospital campus in Redwood City, California. Positioned across from the hospital’s emergency room entrance, the property benefits from immediate access to one of the Peninsula’s established healthcare destinations. The building’s existing medical infrastructure, elevator service, on-site parking, and medical office configuration support continued healthcare occupancy while also providing flexibility for future ownership strategies. Current tenancy includes medical users with lease terms reported to be under one year, with many already operating on month-to-month arrangements. This lease profile may appeal to owner-users seeking a pathway to occupancy as well as investors evaluating future repositioning, renovation, or leasing opportunities. The property’s location within a mature healthcare environment supports ongoing demand from medical practitioners, specialists, and related healthcare services. Redwood City serves as a major Peninsula community approximately 27 miles south of San Francisco and 24 miles north of San Jose. The property offers convenient access to Interstate 280, U.S. 101, Caltrain service, and San Francisco International Airport, providing connectivity throughout the Bay Area. Nearby residential neighborhoods, medical providers, retail services, and employment centers contribute to the area's established healthcare ecosystem. The combination of a hospital-campus location, existing medical buildout, accessible transportation network, and flexible tenancy profile creates a compelling opportunity within a supply-constrained Bay Area medical office market.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$754 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,916 SF

ZONING

PO

APN/PARCEL ID

058-060-150

ASK ABOUT THIS PROPERTY

Brett WeberKidder MathewsMore Info
650-771-3000

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

Brett WeberKidder MathewsMore Info
650-771-3000

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