Foster City Leased Parking
384 Foster City Blvd, San Mateo, CA 94404
- Added:
- Jan 27, 2026
- Days on Market:
- 114
- Last Refresh:
- Apr 5 at 11:28 pm
Property Features for 384 Foster City Blvd
General Information
- Standard status
- Active
- Lot size
- 2.63 Acres
Listing agent Seth McKinnon License #CA RE #01842050 (415) 445-5137
Listing office (415) 445-5137
Listing date Jan 27, 2026
Source Nmrk
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 Seth McKinnon
HighLights
- 5‑Year NNN lease with a Moody's A1‑rated parent guarantee, providing stable and secure income.
- Strategic location at the intersection of Highways 101, 280, and 92, offering excellent accessibility.
- Substantial 2.63‑acre site with 301 parking stalls, one of the largest on the San Francisco Peninsula not dedicated to office, retail, or hotel use.
- Situated in an excellent in‑fill location adjacent to prominent life science and R&D companies like Illumina, Visa, and Panasonic, and in the heart of Gilead’s campus.
- Potential for various future uses, including continued off‑site parking, parking for future development, fleet parking, electric vehicle charging, and outdoor storage.
- History of occupancy by credit tenants such as Applied Biosystems (Thermo‑Fisher) and Gilead Sciences, indicating a desirable location.
Overview
The property at 384 Foster City Boulevard is a 2.63-acre site with a 5-year NNN lease, expiring on August 31, 2029. The site features 301 parking stalls. The tenant has a full parent guarantee with Moody's A1 rating and a stable outlook. Located in Foster City, San Mateo County, California, part of the San Francisco MSA, the site is positioned near Highways 101, 280, and 92, adjacent to companies such as Illumina, Visa, and Panasonic, and in the heart of Gilead’s 72-acre Foster City Campus. The lease begins September 12, 2024. The site is one of the largest parking lots on the San Francisco Peninsula that is not dedicated to office, retail or hotel use. Future uses include continued off-site parking, parking for future development, fleet parking, electrical vehicle charging and outdoor storage. The site has a history of credit tenants, including Applied Biosystems (Thermo-Fisher) and Gilead Sciences.
Location Intelligence
Current Use by Public Records
Dren Bio, Inc
Corporate Office
Location Insight
- Map
- Local Demand
- City
- San Mateo
- County
- San Mateo
- State
- California
- Longitude
- -122.277
- Latitude
- 37.5655
Nearby Similar for Sale
FAQs
What type of property is this?
Parking lot & garage - 2.63-acre leased parking site with 301 stalls in Foster City.
Where is this parking lot & garage located?
The property is located at 384 Foster City Blvd San Mateo, CA.
What are key features of this property?
This property features: 5‑Year NNN lease with a Moody's A1‑rated parent guarantee, providing stable and secure income.; Strategic location at the intersection of Highways 101, 280, and 92, offering excellent accessibility.; Substantial 2.63‑acre site with **301 parking stalls**, one of the largest on the San Francisco Peninsula not dedicated to office, retail, or hotel use.
