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Two-Tenant Mixed-Use Property
For Sale
Contact for pricing
Pending

329 Primrose Rd, Burlingame, CA 94010

Fully occupied two-story building with medical office and postal-service uses near downtown amenities and public transportation.

Property Size8,877 SF
Lot Size0.12 Acres
Days on Market143

Property Features for 329 Primrose Rd

General Information

Standard status Pending
Size 8,877 SF
Lot size 0.12 Acres
Property subtype Mixed Use, Office, Retail
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Buildings 1
Tenancy Multi
Owner Occupied No
Listing Agency: Lee & Associates - San Francisco
Listed By: Jeffrey Ida · License #CA 01826381
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 1:23PM

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 Lee & Associates - San Francisco

Investment Insights

Based on property information with market context.

This 8,877-square-foot mixed-use building occupies a 5,250-square-foot parcel and is fully leased across two floors. One Medical operates on the upper level, while the United States Postal Service occupies the ground floor, creating a two-tenant configuration with distinct commercial uses.

The property is located at 329 Primrose Road in Burlingame, directly south of Highway 101 and approximately half a block from Burlingame Avenue in Downtown Burlingame. Public transportation is readily accessible. USPS has occupied the property since 2014 and began its second of three five-year renewal options on January 1, 2020. One Medical has been a tenant since 2012 and commenced its first five-year option on October 1, 2022. Both leases are structured as NNN.

Key Highlights

  • 8,877 SF building on a 5,250 SF parcel
  • Fully occupied by two tenants across two floors
  • One Medical occupies the upper level; USPS is on the ground floor

Property Analytics

Current Use

Financial Concepts Financial Advisor ecomloop Marketing & Advertising One Medical: Susan ... Medical Clinic One Medical: Anna ... Medical Clinic United States Postal ... Post Office

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Mobile Phone Store Restaurant Electrical Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,404
Businesses Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied two-story building with medical office and postal-service uses near downtown amenities and public transportation.
Where is this mixed-use property located?
The property is located at 329 Primrose Rd Burlingame, CA.
What are key features of this property?
This property features: 8,877 SF building on a 5,250 SF parcel; Fully occupied by two tenants across two floors; One Medical occupies the upper level; USPS is on the ground floor
(415) 828-7679 Call to check price and availability
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