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Downtown Office Space
For Sale
Contact for pricing
Pending

111 E 5th Ave, San Mateo, CA 94401

Office space in a downtown San Mateo setting with an existing lease in place.

Property SizeContact for details
Days on Market135

Property Features for 111 E 5th Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: The Trafton Group
Listed By: Bruce Bean · License #00993820
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Aug 23 at 12:32PM

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 The Trafton Group

Investment Insights

Based on property information with market context.

This offering includes office space in a downtown San Mateo location. The property is currently leased to an existing subtenant, with that subtenant planning to renew the existing lease for an additional 9 months.

The transaction is for sale, and the seller plans to accept offers in early June.

For investors and owner-users, the property presents an occupied configuration with a near-term lease extension already in motion.

Key Highlights

  • Downtown San Mateo office space with an existing lease in place
  • Planning to accept offers in early June
  • Current subtenant is interested in renewing the existing lease for an additional 9 months

Property Analytics

Current Use

Neo4j, Inc. (Bike/Boat/Book/etc) Store Obopay Inc Corporate Office

Suggested Use

Top Pick Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Florist Cosmetic Store

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

Location Intelligence

Trade Area within ½ mile

3,864
Businesses Nearby

Demographics for 94401, CA

35,249
Population
13,798
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
11,371
Density / Sq Mi
$121,258
Median Household Income
$57,724
Median Earnings
$2,713
Median Rent
$1,123,300
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 units - Office space in a downtown San Mateo setting with an existing lease in place.
Where is this office units located?
The property is located at 111 E 5th Ave San Mateo, CA.
What are key features of this property?
This property features: Downtown San Mateo office space with an existing lease in place; Planning to accept offers in early June; Current subtenant is interested in renewing the existing lease for an additional 9 months
(650) 685-1644 Call to check price and availability
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