3301 Middlefield Rd 16,124 SF 100% Leased Retail Building Menlo Park, CA 94025 $6,725,088 CAD ($417.09 CAD/SF) 6.58% Cap Rate

3301 Middlefield Road presents the opportunity to acquire a fully leased neighborhood retail center in Menlo Park, one of Silicon Valley’s most established and supply-constrained markets. The property consists of a multi-tenant retail asset situated along the Middlefield Road corridor, providing visibility and access within a densely populated Peninsula location. The center is currently occupied by twelve tenants, creating diversified income from a broad tenant mix and supporting stable in-place cash flow.

The property benefits from its location between Palo Alto and Redwood City, with convenient connectivity to Highway 101, El Camino Real, Caltrain service, Stanford University, and many of the region’s major employment centers. Menlo Park is home to the global headquarters of Meta and is closely tied to the innovation economy that continues to drive demand throughout Silicon Valley. The surrounding area includes established residential neighborhoods, neighborhood-serving retail, professional services, and a significant daytime workforce.

An additional component of the investment opportunity is the property's Neighborhood Mixed Use zoning designation, which allows a combination of residential and commercial uses. This zoning framework provides future flexibility for ownership while maintaining the benefit of current retail operations. Investors can capitalize on existing income while evaluating future opportunities created through lease rollover, tenant repositioning, rent growth, or potential redevelopment considerations consistent with local zoning regulations.

The combination of stabilized occupancy, diversified tenancy, Silicon Valley location, and mixed-use zoning flexibility positions the property as an opportunity for investors seeking both current income and long-term value creation potential.