About 3401-3415 Middlefield Rd
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!
Features of 3401-3415 Middlefield Rd
MLS® # | ML81944310 |
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Price | $3,250,000 |
Square Footage | 3,420 |
Acres | 0.32 |
Year Built | 1970 |
Type | Common Interest |
Sub-Type | Commercial Property |
Status | Sold |
Community Information
Address | 3401-3415 Middlefield Rd |
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Area | County Area / Fair Oaks Ave |
City | MENLO PARK |
County | San Mateo |
State | CA |
Zip Code | 94025 |
Amenities
Utilities | Public Utilities |
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Parking Spaces | 12 |
Is Waterfront | No |
Interior
Heating | Central Forced Air Heat |
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Cooling | Central Air Conditioning, Multi-Zone |
Fireplace | No |
Has Basement | No |
Exterior
Roof | Rolled Composition, Tar and Gravel Roof |
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Foundation | Concrete Perimeter & Slab |
School Information
Attendance Zone | GARFIELD ELEMENTARY SCHOOL, MENLO-ATHERTON HIGH SCHOOL, JOHN F. KENNEDY MIDDLE SCHOOL |
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Additional Information
Zoning | C10000 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Gregory Terry |
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Office | Compass |
Office Contact | 650-678-1110 |
Listing Map
Listing Schools/Amenities
Listing Price, Sale, & Status History
Status Changed from Contingent to Sold
Status Changed from Active to Contingent
Price Reduced from $3,750,000 to $3,250,000