Investment Overview

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 2549 Middlefield Road, an industrial property in the heart of Redwood City. This is an opportunity for an investor to enter the Peninsula market with a property that is currently being leased by a respected local business. 2549 Middlefield Road is a 4,800 square foot single-tenant industrial building situated on an 8,774 sqft lot in Redwood City, California. A small section of the building is improved with office space and the majority is shop space. The building is served by two grade doors at the rear of the property. There is also a paved parking area at the rear of the site with space to accommodate six vehicles. The property is leased to Liebes Auto Body, a body shop that specializes in repairing luxury cars. Located between San Francisco and San Jose, Redwood City is a sought-after destination for investors. It is consistently ranked as one of the top communities in the Bay Area to start a business and has received praise for being extremely business-friendly. Moreover, the city’s appeal is further enhanced by the presence of several tech giants, presenting this as an excellent investment opportunity.