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2950 Whipple Ave 10,282 SF 100% Leased Office Building Redwood City, CA 94062 $10,768,780 CAD ($1,047.34 CAD/SF)



Investment Highlights
- Located directly on the Sequoia Hospital campus in Redwood City.
- Existing medical infrastructure supports healthcare occupancy.
- On-site garage and surface parking provide convenient access.
- Positioned across from the hospital emergency room entrance.
- Flexible lease profile may benefit owner-users and investors.
- Convenient access to Highway 280, U.S. 101, and regional transit.
Executive Summary
2950 Whipple Avenue presents the opportunity to acquire a multi-tenant medical office property located directly on the Sequoia Hospital campus in Redwood City, California. Positioned across from the hospital’s emergency room entrance, the property benefits from immediate access to one of the Peninsula’s established healthcare destinations. The building’s existing medical infrastructure, elevator service, on-site parking, and medical office configuration support continued healthcare occupancy while also providing flexibility for future ownership strategies.
Current tenancy includes medical users with lease terms reported to be under one year, with many already operating on month-to-month arrangements. This lease profile may appeal to owner-users seeking a pathway to occupancy as well as investors evaluating future repositioning, renovation, or leasing opportunities. The property’s location within a mature healthcare environment supports ongoing demand from medical practitioners, specialists, and related healthcare services.
Redwood City serves as a major Peninsula community approximately 27 miles south of San Francisco and 24 miles north of San Jose. The property offers convenient access to Interstate 280, U.S. 101, Caltrain service, and San Francisco International Airport, providing connectivity throughout the Bay Area. Nearby residential neighborhoods, medical providers, retail services, and employment centers contribute to the area's established healthcare ecosystem.
The combination of a hospital-campus location, existing medical buildout, accessible transportation network, and flexible tenancy profile creates a compelling opportunity within a supply-constrained Bay Area medical office market.
Current tenancy includes medical users with lease terms reported to be under one year, with many already operating on month-to-month arrangements. This lease profile may appeal to owner-users seeking a pathway to occupancy as well as investors evaluating future repositioning, renovation, or leasing opportunities. The property’s location within a mature healthcare environment supports ongoing demand from medical practitioners, specialists, and related healthcare services.
Redwood City serves as a major Peninsula community approximately 27 miles south of San Francisco and 24 miles north of San Jose. The property offers convenient access to Interstate 280, U.S. 101, Caltrain service, and San Francisco International Airport, providing connectivity throughout the Bay Area. Nearby residential neighborhoods, medical providers, retail services, and employment centers contribute to the area's established healthcare ecosystem.
The combination of a hospital-campus location, existing medical buildout, accessible transportation network, and flexible tenancy profile creates a compelling opportunity within a supply-constrained Bay Area medical office market.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,282 SF
Building Class
C
Year Built
1967
Price
$10,768,780 CAD
Price Per SF
$1,047.34 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
984 SF
Building FAR
0.54
Lot Size
0.43 AC
Zoning
PO - Professional Office
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 058-060-150 | Improvements Assessment | $2,983,494 CAD |
| Land Assessment | $2,734,509 CAD | Total Assessment | $5,718,003 CAD |
Property Taxes
Parcel Number
058-060-150
Land Assessment
$2,734,509 CAD
Improvements Assessment
$2,983,494 CAD
Total Assessment
$5,718,003 CAD
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2950 Whipple Ave
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