DaVita Medical Office Building

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  $14,631,000 - Retail - Single Tenant, Healthcare
Cap Rate:  5.15%Size:  15,018 SFTerm:  Multi Print

 Investment Offering & Highlights

  • Brand new, state-of-the-art construction two-story medical office building complete with elevator, structured parking and surface parking with 42 total spaces
  • Exceptional demographics with over 245K residents and an average household income of over $117,000 within 5-miles
  • The property is situated one building from El Camino Real (VPD: 34,000) and has excellent access to Interstate 380, 280 and 101 (VPD: 603,000), providing the property with direct access to San Francisco, Palo Alto, and San Jose
  • The property is located only ½ mile from San Bruno Caltrain station and 1 mile from the San Bruno Bart Station
  • The property is adjacent to the Bayhill Office Park which includes tenants such as the YouTube headquarters, Walmart, Oracle and Kaiser Permanente
  • The property is only 1.8 miles from San Francisco International Airport which is the second-busiest in California and seventh-busiest airport in the United States
  • The San Francisco Bay Ares is the 43rd largest urban area in the world and 5th largest in the United States
  • San Mateo County, where the property is located, has an unemployment rate of 2.1% – the lowest in the California

Property Description

Cushman & Wakefield is pleased to offer a brand new 15,018± square foot state of the art, two-story medical office building with elevator, structured parking garage and surface parking for 42 total on-site parking spaces. The building has been demised into two separate offices with DAVITA KIDNEY CARE leasing the 11,070± square foot second floor and a national medical office tenant is currently in negotiations to lease the 3,948± square foot suite on the first floor.
Please use the following link to access the full offering memorandum: https://www.crexi.com/properties/160272
Property Location