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34013415 Middlefield Road, Menlo Park, CA 94025

Commercial property

34013415 Middlefield Road, Menlo Park, CA 94025 Sold July 2024 CRMLS
$3,000,000Sold July 2024

Listing Agent: Gregory Terry (DRE #00957651) · Listing Office: Compass · Contact: (650) 375-1111 · Bought with: RECIP · MLS #ML81944310 · Source: CRMLS

3,420
Building Sq Ft
13,919 sqft
Lot Size
1970
Year Built
C10000
Zoning
Commercial property
Type

About this commercial property

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!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$3,000,000
Sold July 2024 · listed $3,250,000, orig. $3,750,000, on market October 2023 · MLS #ML81944310 · Source: CRMLS
Listing Agent: Gregory Terry · Listing Office: Compass · Contact: (650) 375-1111 · Bought with: RECIP
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