3301 Middlefield Rd - Storefront FOR SALE


Menlo Park, CA 94025
$5,200,000 USD
650-465-1100
3301 Middlefield Rd, Menlo Park, CA for Sale
$5,200,000 USD
Storefront - FOR SALE
1/2
null | 5.88% Cap Rate

3301 Middlefield Rd
Menlo Park, CA 94025


HIGHLIGHTS

  • 100% leased retail
  • Prime Menlo Park Corridor
  • Value-Add Rent Upside

OVERVIEW

3301 Middlefield Road is a ±16,035 square foot retail strip center situated on a ±26,066 square foot parcel, located in the City of Menlo Park. The parcel is zoned as Neighborhood mixed use allowing for a mix of residential and commercial uses at a moderate intensity. The property is 100% leased to twelve tenants.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

5.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C100S1

APN/PARCEL ID

060-074-190

ASK ABOUT THIS PROPERTY

David O'SuchNewmarkMore Info
650-465-1100

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David O'SuchNewmarkMore Info
650-465-1100

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