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New Office Building Near Highway
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405 Industrial Road, San Carlos, CA 94070

240,000 sq ft office building with highway visibility.

Property Size240,000 SF
Days on Market252

Property Features for 405 Industrial Road

General Information

Standard status Active
Size 240,000 SF
Property subtype LifeSciences
Listing Agency: CBRE | Palo Alto
Listed By: Mike Moran · License #00901003
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 31 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Palo Alto

Investment Insights

Based on property information with market context.

Portal 405 is a new 240,000 square foot building offering visibility and access to Highway 101. The building features floor plates designed for innovative companies. The core and shell layout allows flexibility for various office and lab configurations, with base building systems accommodating loads up to a 60% lab / 40% office configuration. Occupiable floors are located on the four uppermost levels, providing elevated views. Floor-to-ceiling glass on the east elevation maximizes glass line and provides views towards the San Francisco Bay across Highway 101. A landscaped building-top terrace offers a private outdoor area with views of San Carlos, Redwood City, and the hills to the west, protected from freeway noise and westward winds. The building includes four levels of parking (two below-grade, two above-grade), a building lobby and future amenity space at grade level, loading and back-of-house equipment/storage at grade level, four levels of occupiable office and lab (floors 3-6), and an enclosed mechanical penthouse on the roof. The location is near Highway 101 at the entry to the City of San Carlos, surrounded by science and engineering talent, research universities, and corporations. It is situated at the gateway to the City of San Carlos and its Innovation District. The building is within walking or biking distance of retail and dining amenities of Downtown San Carlos, the San Carlos Caltrain station, and numerous hotels.

Key Highlights

  • Exceptional Highway 101 access and visibility.
  • Flexible floor plates designed for office and lab configurations (up to 60% lab / 40% office).
  • Enjoy panoramic views of the San Francisco Bay from floor‑to‑ceiling glass.

Property Analytics

Current Use

San Carlos Mini ... Storage Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Mobile Phone Store Butcher Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,645
Businesses Nearby

Demographics for 94070, CA

31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 240,000 sq ft office building with highway visibility.
Where is this office building located?
The property is located at 405 Industrial Road San Carlos, CA.
What are key features of this property?
This property features: Exceptional Highway 101 access and visibility.; Flexible floor plates designed for office and lab configurations (up to 60% lab / 40% office).; Enjoy panoramic views of the San Francisco Bay from floor‑to‑ceiling glass.
More about this property
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