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