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1435-1447 Burlingame Avenue 11,677 SF 100% Leased Retail Building Burlingame, CA 94010 $20,329,810 CAD ($1,741.01 CAD/SF) 4.40% Cap Rate
Investment Highlights
- Iconic Downtown Burlingame – Located directly on the heart of Burlingame Avenue, the Peninsula’s premier luxury and boutique retail corridor
- Rare Main Street Retail With Limited Supply– Downtown Burlingame’s stringent zoning, scarce inventory, and extremely low vacancy
- Strong Connectivity – Just steps from El Camino Real (CA-82), which sees ±19,000 -26,300+ CPD, and is minutes from US-101 ±258,500 - 270,700 CPD
- Affluent & High-Spending Trade Area – Within a one-mile radius, the property is surrounded by 26,631 residents, median household income $239,701
Executive Summary
1435–1447 Burlingame Avenue offers investors a rare opportunity to acquire a fully-occupied Main Street retail asset in one of the Bay Area’s most coveted and
supply-constrained retail corridors. Positioned along Burlingame’s premier shopping and dining district.
supply-constrained retail corridors. Positioned along Burlingame’s premier shopping and dining district.
Property Facts
Sale Type
Investment
Property Type
Building Size
11,677 SF
Year Built
1960
Price
$20,329,810 CAD
Price Per SF
$1,741.01 CAD
Cap Rate
4.40%
NOI
$894,512 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.68 AC
Zoning
BAC - Burlingame Avenue Commercial (BAC)
Parking
33 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
117’ on Burlingame Avenue
Amenities
- Banking
- Restaurant
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,498,792 CAD | |
| Land Assessment | $6,500,354 CAD | Total Assessment | $8,999,146 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$6,500,354 CAD
Improvements Assessment
$2,498,792 CAD
Total Assessment
$8,999,146 CAD
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1435-1447 Burlingame Avenue
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