NNN Government Operations
For Sale
$41,000,000
560 Eccles Avenue, South San Francisco, CA 94080
Purpose-built facility combines office, laboratory, warehouse, and inspection space under a Triple Net lease.
Property Size21,552 SF
Lot Size3.65 Acres
Price / SF$1,902
Days on Market193
Property Features for 560 Eccles Avenue
General Information
Standard status
Active
Size
21,552 SF
Total Parking Spaces
62
Lot size
3.65 Acres
Property subtype
COMMERCIAL
Warehouse & Industrial
Warehouse Space
7,000 SF
Office Build-Out
9,500 SF
Dock-High Doors
4
Additional Details
Fenced Yard
Yes
Amenities
Secured fencing
Card-access system
24-hour CCTV
Building Details
Building Size
21,552 SF
Year Built
2019
Buildings
1
Tenancy
Single
Listing Agency:
KW Elevate
Listed By:
John Tran · License #02092278
(408) 931-0897
Source:
Vanguardproperties
Added: Apr 23
Changed: Oct 31
Last Checked: Nov 1 at 3:19PM
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 KW Elevate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2019, this 21,552-square-foot high-tech facility occupies 3.65 acres and is configured for secure government operations. The building includes approximately 9,500 square feet of professional office space, 4,500 square feet of laboratory area, and 7,000 square feet dedicated to warehouse and inspection functions. Specialized improvements include entomology and botany laboratories, 100% ducted exhaust, reverse osmosis water systems, a 500kW stand-alone diesel generator, and dedicated UPS backup power.
Security and logistics features include a Lenel card-access system, 24-hour CCTV, blast-mitigation windows, secured fencing, four interior dock-high doors sized for 53-foot tractor-trailers, and 62 assigned parking spaces. The property is subject to a Triple Net lease with a secured 14-year federal government tenant and is located in South San Francisco’s biotech and life sciences hub on Eccles Avenue.
Security and logistics features include a Lenel card-access system, 24-hour CCTV, blast-mitigation windows, secured fencing, four interior dock-high doors sized for 53-foot tractor-trailers, and 62 assigned parking spaces. The property is subject to a Triple Net lease with a secured 14-year federal government tenant and is located in South San Francisco’s biotech and life sciences hub on Eccles Avenue.
Key Highlights
- 21,552 SF high‑tech facility on a 3.65‑acre site, built in 2019
- Secured 14‑year federal government tenancy under a Triple Net lease
- Approximately 9,500 SF office, 4,500 SF laboratory, and 7,000 SF warehouse and inspection space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,198,331
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,966,620
$24.0M
Cap Rate 7%
$17,119,014
$17.1M
Cap Rate 9%
$13,314,789
$13.3M
Market Conditions
NOI Build-Up for 21,552 SF
Gross rent
$1.48M $68.64/SF
− Vacancy
−$69.5K −$3.23/SF
EGI
$1.41M $65.41/SF
− OpEx
−$211.5K −$9.81/SF
NOI
$1.20M $55.60/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$23,966,620
Cap Rate 7%
$17,119,014
Cap Rate 9%
$13,314,789
Alternative Uses
Best Use
Warehouse
$17.12M
$14.98M – $19.97M
NOI $1,198,331 @ 7.0% cap · market cap 2.92%
Second Best
Mixed Use
$9.95M
$8.70M – $11.60M
NOI $696,209 @ 7.0% cap · market cap 1.70%
Theoretical Best
—
—
same as Best Use
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
4
Dock-high doors
Single-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 94080, CA
66,592
Population
23,364
Households
2.9
Avg Household Size
40
Median Age
40%
College-Educated
86%
High-School Grad
10.2 sq mi
ZIP Area
6,529
Density / Sq Mi
$135,966
Median Household Income
$61,138
Median Earnings
$2,840
Median Rent
$1,159,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
NNN property - Purpose-built facility combines office, laboratory, warehouse, and inspection space under a Triple Net lease.
Where is this nnn property located?
The property is located at 560 Eccles Avenue South San Francisco, CA.
What is the asking price?
The asking price for this property is $41,000,000.
What are key features of this property?
This property features: 21,552 SF high‑tech facility on a 3.65‑acre site, built in 2019; Secured 14‑year federal government tenancy under a Triple Net lease; Approximately 9,500 SF office, 4,500 SF laboratory, and 7,000 SF warehouse and inspection space
