Menlo Park, CA 94025,34013415 Middlefield RD
Menlo Park, CA 94025,34013415 Middlefield RD
Menlo Park, CA 94025,34013415 Middlefield RD
Menlo Park, CA 94025,34013415 Middlefield RD
Menlo Park, CA 94025,34013415 Middlefield RD
Menlo Park, CA 94025,34013415 Middlefield RD
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$3,000,000

$3,250,000

7.7%
Est.Price: ?

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Est. payment /mo

0.32 Acres Lot


SOLD DATE : 07/03/2024

Key Details

Sold Price $3,000,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81944310

Sold Date 07/03/24

HOA Y/N No

Year Built 1970

Annual Tax Amount $17,290

Lot Size 0.319 Acres

Property Description

A rare opportunity to own a great investment property in one of the most sought after areas on the San Francisco Peninsula! Situated on a large prominent corner parcel hosting two long term occupants, this meticulous property has so much to offer! Here are just some important attributes of this offering: Prime, Large Parcel at 8th Avenue & Middlefield Road is ± 13,919 SqFt (per Tax Record), Long-Term Tenants - National Brand Recognition (QuikStop, Pizza Hut) - Both Tenants on NNN Leases, Both Leases have 4+ Years Remaining, 4.16% CAP Rate; $156,067.68 NOI, Robust Zoning Opportunity!

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning C10000

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Tar/Gravel

Present Use Commercial

Total Parking Spaces 12

Building

Water Public

Others

Tax ID 060182390

Financing Private

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California Regional MLS (CRMLS)
Listed by Gregory Terry • Compass
Bought with RECIP
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6 Jenner, Unit # 250, Irvine, CA, 92618

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