Log In/Sign Up
Your email has been sent.
Gather Kitchen and Bakery 2010 Rollingwood Dr 3,995 SF Retail Building San Bruno, CA 94066 $3,940,433 CAD ($986.34 CAD/SF) 6.62% Cap Rate
Investment Highlights
- Irreplaceable South San Francisco Investment - a rare investment opportunity, benefiting from the San Bruno location, dense and affluent trade area
- Absolute NNN Lease – The property is subject to an Absolute NNN Lease, the most hands-off form of real estate investment
- Convenient Freeway Accessibility – Strategically located directly off Interstate 280 (±199,000 CPD)
- Brand New Term with Refreshed Concept – operating under a 5-yr lease (November 2029 exp) w/ two additional 5-year options to renew at 15% increases
- Frequent Commuter and Resident Draw – Gather Kitchen and Bakery neighbors a 7-Eleven, 76, and Chevron gas station
Executive Summary
* Irreplaceable South San Francisco Investment – Gather Kitchen and Bakery represents a rare investment opportunity, benefiting from the San Bruno location, dense and affluent trade area, and lack of comparable properties available in the surrounding area. The investment quality is reinforced by the area’s historical stability, population density, growth, and consequent value retention
* Brand New Term with Refreshed Concept – Gather Kitchen and Bakery is operating under a 5-year lease (November 2029 expiration) with two additional 5-year options to renew at 15% increases
* Absolute NNN Lease – The property is subject to an Absolute NNN Lease, the most hands-off form of real estate investment with the tenant responsible for direct payment of all operating costs
* Frequent Commuter and Resident Draw – Gather Kitchen and Bakery neighbors a 7-Eleven, 76, and Chevron gas station with credit tenants Target, Petco, CVS, Ace Hardware, Starbucks, Planet Fitness, BevMo! and more within a 1-mile radius
* Convenient Freeway Accessibility – Strategically located directly off Interstate 280 (±199,000 CPD) on the signalized corner at Sneath Ln (±17,600 CPD), the property resides at daily resident and commuter route benefiting from consistent traffic
* Brand New Term with Refreshed Concept – Gather Kitchen and Bakery is operating under a 5-year lease (November 2029 expiration) with two additional 5-year options to renew at 15% increases
* Absolute NNN Lease – The property is subject to an Absolute NNN Lease, the most hands-off form of real estate investment with the tenant responsible for direct payment of all operating costs
* Frequent Commuter and Resident Draw – Gather Kitchen and Bakery neighbors a 7-Eleven, 76, and Chevron gas station with credit tenants Target, Petco, CVS, Ace Hardware, Starbucks, Planet Fitness, BevMo! and more within a 1-mile radius
* Convenient Freeway Accessibility – Strategically located directly off Interstate 280 (±199,000 CPD) on the signalized corner at Sneath Ln (±17,600 CPD), the property resides at daily resident and commuter route benefiting from consistent traffic
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,995 SF
Building Class
C
Year Built
1971
Price
$3,940,433 CAD
Price Per SF
$986.34 CAD
Cap Rate
6.62%
NOI
$260,884 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.30 AC
Zoning
CN0000
Parking
50 Spaces (12.52 Spaces per 1,000 SF Leased)
Frontage
345’ on Rollingwood Dr
Amenities
- Pylon Sign
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 017-245-080 | Improvements Assessment | $560,687 CAD |
| Land Assessment | $409,721 CAD | Total Assessment | $970,408 CAD |
Property Taxes
Parcel Number
017-245-080
Land Assessment
$409,721 CAD
Improvements Assessment
$560,687 CAD
Total Assessment
$970,408 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Gather Kitchen and Bakery | 2010 Rollingwood Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.