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1815 Bayshore Hwy 9,575 SF Industrial Building Burlingame, CA 94010 $4,995,864 CAD ($521.76 CAD/SF) 6.36% Cap Rate
Executive Summary
The subject property, located at 1815 Bayshore Hwy, Burlingame, CA, is a Class B, Flex space industrial property located in the Burlingame submarket. It is currently Occupied by Hertz and used as a rental car facility which benefits from the Proximity to San Francisco international airport. The tenant has occupied the Property since 1990. Recent Phase II environmental report completed.
Property Facts
| Price | $4,995,864 CAD | Lot Size | 0.65 AC |
| Price Per SF | $521.76 CAD | Rentable Building Area | 9,575 SF |
| Sale Type | Investment NNN | No. Stories | 2 |
| Cap Rate | 6.36% | Year Built | 1967 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.4/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | ML00M1 | ||
| Price | $4,995,864 CAD |
| Price Per SF | $521.76 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.36% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.65 AC |
| Rentable Building Area | 9,575 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Tenancy | Single |
| Parking Ratio | 2.4/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | ML00M1 |
Utilities
- Water - City
- Sewer - City
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Property Taxes
| Parcel Number | 024-401-500 | Improvements Assessment | $936,054 CAD |
| Land Assessment | $1,216,938 CAD | Total Assessment | $2,152,992 CAD |
Property Taxes
Parcel Number
024-401-500
Land Assessment
$1,216,938 CAD
Improvements Assessment
$936,054 CAD
Total Assessment
$2,152,992 CAD
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1815 Bayshore Hwy
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