Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1000 Sierra Point Pkwy Brisbane, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Up to 11,000 SF of restaurant/retail space for lease.

    Type:RETAIL
    Property size:
    2,520 SF
    Lot size:
    17.23 Acres
    Added:
    Dec 2, 2022
    Days on Market:
    1252
    Last Refresh:
    Apr 5 at 10:20 pm

    Property Features for 1000 Sierra Point Pkwy

    General Information

    Standard status
    Active
    Size
    2,520 SF
    Lot size
    17.23 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1000 Sierra Point Pkwy Contact us

    We can help!

    Listing Contact
    Kyle Goni
    Kyle Goni

    Listing agent Kyle Goni

    Listing office Lockehouse Retail Group

    Listing date Dec 2, 2022

    Source Moodyscre

    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 Lockehouse Retail Group

    HighLights

    • Located at the epicenter of thriving life science & biotech industries.
    • Part of a 616,000 sf, state‑of‑the‑art, class A life science office development.
    • Immediate highway 101 access to both northbound & southbound.
    • Over 40,000 employees within a 2‑mile radius.
    • Campus is 94% leased.
    • Up to 11,000 sf of restaurant/retail spaces available.

    Overview

    Restaurant/Retail Spaces Available

    Restaurant and retail spaces are available for lease, offering up to 11,000 square feet. The estimated delivery is early Q4 2021. This property is part of a 616,000 square foot, Class A life science office development. The campus is 94% leased and has immediate access to Highway 101, both northbound and southbound. It is located in the center of the life science and biotech industries, with over 40,000 employees within a 2-mile radius. Tenants include major pharmaceutical companies such as Johnson & Johnson and Bristol Myers Squibb, as well as Arcus Biosciences and Annexon Biosciences.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ChargePoint Charging Station Electric Vehicle Charging Station Bristol Myers Squibb Factory MyoKardia Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brisbane
    County
    San Mateo
    State
    California
    Longitude
    -122.387
    Latitude
    37.6734

    Nearby Similar for Lease

    • $1.74 SF/Yr

      Brisbane Industrial Space Available

      Industrial space in Brisbane with office and loading docks.
      440 Valley Drive, Brisbane, CA, 94005
      View Details
    • Contact for pricing

      Sierra Point Parkway Lab Sublease

      Class A lab and office space available for sublease.
      1200 Sierra Point Pky, Brisbane, CA 94005
      View Details
    • Contact for pricing

      R&D Lab Space Sublease

      Sublease opportunity in Brisbane-South San Francisco Biotech Hub.
      1000 Marina Blvd, Brisbane, CA 94005
      View Details
    • Contact for pricing

      Class A Life Science Building

      Turnkey life science building with labs and cGMP pilot plant.
      7000 Marina Boulevard, Brisbane, CA, 94005
      View Details
    • Contact for pricing

      Brisbane Biotech Facility for Rent

      Integrated laboratories, offices, and conference rooms in South San Francisco.
      1400 Sierra Point Parkway, Brisbane, CA, 94005
      View Details
    • Contact for pricing

      Class A Office Campus

      Two-building office campus in Brisbane with waterfront location.
      2000 Sierra Point Pky & 8000 Marina Blvd, Brisbane, CA, 94005
      View Details
    • Contact for pricing

      Class A Office/Lab Space

      ±20,693 SF Class A office/lab space for lease.
      3000 Marina Blvd, Brisbane, CA
      View Details
    • Contact for pricing

      Class A Office/Lab Space

      World-class office and laboratory space available for lease.
      3500 Marina Blvd, Brisbane, CA
      View Details
    • Contact for pricing

      Brisbane Office Space For Rent

      Office space available for rent in Brisbane, California.
      6000 Shoreline Ct, Brisbane, CA
      View Details
    • $42 SF/Yr

      Brisbane Office and Lab Space

      6,874 SF of flexible office and lab space available.
      150 North Hill Dr, Brisbane, CA
      View Details
    • Contact for pricing

      Brisbane Industrial Property for Rent

      Industrial property in Brisbane, CA, offering 36,885 square feet.
      485 Valley Drive, Brisbane, CA, 94005
      View Details
    • Contact for pricing

      Warehouse with Large Secured Yard

      Warehouse with office space and a large, secured yard.
      499 Valley Dr, Brisbane, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Up to 11,000 SF of restaurant/retail space for lease.
    Where is this retail space located?
    The property is located at 1000 Sierra Point Pkwy Brisbane, CA.
    What are key features of this property?
    This property features: Located at the epicenter of thriving life science & biotech industries.; Part of a 616,000 sf, state‑of‑the‑art, class A life science office development.; Immediate highway 101 access to both northbound & southbound.
    (650) 692-3400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kyle Goni
    Kyle Goni
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1000 Sierra Point Pkwy, Brisbane, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!