Skip to main content

Mixed-Use

Value-Add Retail/Office

6701 Mission St, Daly City, CA 94014

Listing Price: $1,450,000

Cap Rate
0.54%
Number of Suites
8
Gross SF
3,884
Rentable SF
3,884
Price/Gross SF
$373.33
Lot Size
0.05 acres
Year Built
1904

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 6701 Mission Street in Daly City, California. The property is a mixed-use building located on Mission Street and Alp Avenue. The building is approximately 3,884 square feet and is situated on a 2,250 square foot site. The zoning designation for the site is Light Commercial, which allows for a wide range of office and retail uses. Currently, the ground floor of the property is occupied by a single retail tenant, and the upper floor is divided into eight private offices.

6701 Mission Street is a prime value-add investment opportunity, and also has the potential for owner-occupancy. All tenants are on month-to-month leases and pay rents below the market rate, presenting an enticing opportunity for investors to adjust rental rates to market. Additionally, the building could be purchased by an owner/user to occupy the entire ground floor space.

Investment Highlights

  • Prime value-add retail/office investment opportunity in Daly City
  • +/-3,884 square foot building with ground floor retail and second floor office
  • All leases are on a month-to-month basis and well below market
  • Prominent corner location along Mission Street; traffic counts exceed 18,000 cars per day

Exclusively Listed By

Mixed-Use

Value-Add Retail/Office

Listing Price: $1,450,000

Cap Rate
0.54%
Number of Suites
8
Gross SF
3,884
Rentable SF
3,884
Price/Gross SF
$373.33
Lot Size
0.05 acres
Year Built
1904

Investment Highlights

  • Prime value-add retail/office investment opportunity in Daly City
  • +/-3,884 square foot building with ground floor retail and second floor office
  • All leases are on a month-to-month basis and well below market
  • Prominent corner location along Mission Street; traffic counts exceed 18,000 cars per day

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 6701 Mission Street in Daly City, California. The property is a mixed-use building located on Mission Street and Alp Avenue. The building is approximately 3,884 square feet and is situated on a 2,250 square foot site. The zoning designation for the site is Light Commercial, which allows for a wide range of office and retail uses. Currently, the ground floor of the property is occupied by a single retail tenant, and the upper floor is divided into eight private offices. 6701 Mission Street is a prime value-add investment opportunity, and also has the potential for owner-occupancy. All tenants are on month-to-month leases and pay rents below the market rate, presenting an enticing opportunity for investors to adjust rental rates to market. Additionally, the building could be purchased by an owner/user to occupy the entire ground floor space.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower