Food-Ready Retail
For Sale
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1315 Burlingame AVE, Burlingame, CA 94010
A renovated storefront includes food-preparation infrastructure and a second-floor area.
Property Size2,351 SF
Price / SF$7.68
Days on Market113
Property Features for 1315 Burlingame AVE
General Information
Standard status
Active
Size
2,351 SF
Net Rentable
3,927 SF
Additional Details
Sprinkler System
Yes
Amenities
Type 1 Hood
Food Prep Area
3-Phase Electrical Service
New Storefront
Customer Counter and Lobby
Private Offices/Storage Areas
Rear Easement Alley Access
City of Burlingame Parking Lot Easily Accessible
Building Details
Year Built
1917
Buildings
1
Listing Agency:
Compass
(650) 375-1111
Listed By:
Gregory Terry · License #00957651
(650) 678-1110
Source:
Giuffreproperties
Added: Jul 10
Changed: Oct 28
Last Checked: Oct 28 at 2:52PM
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 Compass
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Investment Insights
Based on property information with market context.
The ground-floor retail space measures ± 2,351 SqFt, with an additional ±1,576 SqFt on the second floor. A recently completed bakery-oriented build-out includes a Type 1 hood, food-preparation area, new storefront, customer counter, lobby, private offices and storage. New fire sprinklers and monitoring are installed, along with 3-phase, 4-wire 200 amp (480v) electrical service and new panels. The property was built in 1917.
Burlingame Avenue access serves the ground floor, with rear easement alley access and a City of Burlingame parking lot accessible from the rear. Nearby retailers and businesses include Apple, Arc’teryx, ArHaus, Alo Yoga, Copenhagen Bakery, Salt & Straw, Lululemon, Peet’s Coffee, Sephora and Starbucks.
Burlingame Avenue access serves the ground floor, with rear easement alley access and a City of Burlingame parking lot accessible from the rear. Nearby retailers and businesses include Apple, Arc’teryx, ArHaus, Alo Yoga, Copenhagen Bakery, Salt & Straw, Lululemon, Peet’s Coffee, Sephora and Starbucks.
Key Highlights
- Ground‑floor retail area: ± 2,351 SqFt
- Second‑floor space: ±1,576 SqFt
- Type 1 hood and food‑preparation area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,037
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,740
$1.2M
Cap Rate 7%
$857,671
$857.7K
Cap Rate 9%
$667,078
$667.1K
Market Conditions
NOI Build-Up for 2,351 SF
Gross rent
$90.0K $38.28/SF
− Vacancy
−$4.2K −$1.80/SF
EGI
$85.8K $36.48/SF
− OpEx
−$25.7K −$10.94/SF
NOI
$60.0K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,740
Cap Rate 7%
$857,671
Cap Rate 9%
$667,078
Alternative Uses
Best Use
Retail
$857.7K
$750.5K – $1.00M
NOI $60,037 @ 7.0% cap · market cap 332.50%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.87M
$1.63M – $2.18M
NOI $130,720 @ 7.0% cap · market cap 723.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,560
Businesses Nearby
281k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 27%
Groceries 27%
Dining 25%
Apparel 10%
Safeway
Groceries
50,886 visits/mo
0.2 miles
Mollie Stones
Groceries
19,463 visits/mo
0.3 miles
Il Fornaio
Dining
14,749 visits/mo
0.1 miles
lululemon athletica
Apparel
14,119 visits/mo
0.1 miles
Pet Food Express
Shops & Services
12,237 visits/mo
0.1 miles
Demographics for 94010, CA
44,045
Population
17,834
Households
2.5
Avg Household Size
42
Median Age
69%
College-Educated
96%
High-School Grad
15.1 sq mi
ZIP Area
2,917
Density / Sq Mi
$191,758
Median Household Income
$101,100
Median Earnings
$2,655
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A renovated storefront includes food-preparation infrastructure and a second-floor area.
Where is this retail space located?
The property is located at 1315 Burlingame AVE Burlingame, CA.
What are key features of this property?
This property features: Ground‑floor retail area: ± 2,351 SqFt; Second‑floor space: ±1,576 SqFt; Type 1 hood and food‑preparation area
