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Office

Foster City Medical Offices

1261 E Hillsdale Blvd, Foster City, CA 94404

Listing Price: $7,250,000

Cap Rate
1.29%
Rentable SF
12,760
Lot Size
1.00 acres
Year Built
1972

Investment Overview

Marcus & Millichap is pleased to present an excellent owner- user opportunity in Foster City, a rare to find single-story medical building in the most desirable thoroughfare in Foster City submarket of the south San Francisco metro. The property has excellent freeway exposure with convenient access to the San Mateo Bridge. The property spans 13,700 sqft of medical spaces on a large one-acre lot. It has ample 66 surface parking spaces with ground floor access to the building. There is a vacant health care space (approx. 7,053 sqft) which was previously occupied by Da Vita. It is full medical build-out with large open treatment area, 3 labs, 5 offices, and private restroom. Excellent for other dialysis, surgery centers, imaging and traditional larger clinics. It has power 208/120v and 600a. This health care space and the existing lease’s structure present an excellent opportunity and flexibility for owner users or astute investors seeking for value-add and redevelopment opportunity. All property tours must be arranged with the listing agent. Please do not contact the tenants and the management without prior approval.

Investment Highlights

  • Excellent Medical Owner- User Investment Opportunity
  • Rare to Find Single-Story Medical Building with Ground Floor Access
  • Centrally Located in a Major Thoroughfare of the Peninsula with Freeway Exposure
  • Prime One Acre Lot for Future Development
  • Fully Improved Medical Space with 206V/ 600amp
  • Ample Surface Parking with 5 Spaces per 1000 Square-Feet
  • Close Proximity to Major Hospitals and Access to San Mateo Bridge

Exclusively Listed By

Financing By

Office

Foster City Medical Offices

Listing Price: $7,250,000

Cap Rate
1.29%
Rentable SF
12,760
Lot Size
1.00 acres
Year Built
1972

Investment Highlights

  • Excellent Medical Owner- User Investment Opportunity
  • Rare to Find Single-Story Medical Building with Ground Floor Access
  • Centrally Located in a Major Thoroughfare of the Peninsula with Freeway Exposure
  • Prime One Acre Lot for Future Development
  • Fully Improved Medical Space with 206V/ 600amp
  • Ample Surface Parking with 5 Spaces per 1000 Square-Feet
  • Close Proximity to Major Hospitals and Access to San Mateo Bridge

Investment Overview

Marcus & Millichap is pleased to present an excellent owner- user opportunity in Foster City, a rare to find single-story medical building in the most desirable thoroughfare in Foster City submarket of the south San Francisco metro. The property has excellent freeway exposure with convenient access to the San Mateo Bridge. The property spans 13,700 sqft of medical spaces on a large one-acre lot. It has ample 66 surface parking spaces with ground floor access to the building. There is a vacant health care space (approx. 7,053 sqft) which was previously occupied by Da Vita. It is full medical build-out with large open treatment area, 3 labs, 5 offices, and private restroom. Excellent for other dialysis, surgery centers, imaging and traditional larger clinics. It has power 208/120v and 600a. This health care space and the existing lease’s structure present an excellent opportunity and flexibility for owner users or astute investors seeking for value-add and redevelopment opportunity. All property tours must be arranged with the listing agent. Please do not contact the tenants and the management without prior approval.

Exclusively Listed By

Financing By

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