Storefront Property with
For Sale
Contact for pricing
717 Laurel Street, San Carlos, CA 94070
Retail storefront on a pedestrian mall with rear parking and an existing lease through February 2026.
Property Size5,550 SF
Price / SF$864.86
Days on Market283
Property Features for 717 Laurel Street
General Information
Standard status
Active
Size
5,550 SF
Total Parking Spaces
4
Property subtype
RETAIL
Listing Agency:
Kinghorn Commercial Properties
(650) 918-4388
Listed By:
Randy Kinghorn · License #01743580
(650) 918-4388
Source:
Moodyscre
Added: Oct 24, 2025
Changed: Jul 31
Last Checked: Aug 1 at 2:31PM
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 Kinghorn Commercial Properties
Investment Insights
Based on property information with market context.
This 5,550-square-foot storefront property at 717 Laurel Street in San Carlos offers a retail-oriented commercial building with four parking spaces at the rear. The property is positioned for an owner-user or investor, with the existing lease scheduled to expire on 2/28/2026.
The City has permanently closed the street to vehicles, creating a pedestrian mall setting along Laurel Street. The property is located in downtown San Carlos, between San Francisco and San Jose, and is described as being near the major employment base in Redwood Shores. Nearby development activity and the pedestrian-oriented street configuration provide important context for evaluating the property’s retail setting and future use.
The City has permanently closed the street to vehicles, creating a pedestrian mall setting along Laurel Street. The property is located in downtown San Carlos, between San Francisco and San Jose, and is described as being near the major employment base in Redwood Shores. Nearby development activity and the pedestrian-oriented street configuration provide important context for evaluating the property’s retail setting and future use.
Key Highlights
- 5,550‑square‑foot storefront property at 717 Laurel Street, San Carlos, CA 94070
- Four parking spaces located at the back of the property
- Existing lease expires 2/28/2026
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $212.5k | $38.28 |
| − Vacancy | −$10.0k | −$1.80 |
| EGI | $202.5k | $36.48 |
| − OpEx | −$60.7k | −$10.94 |
| NOI | $141.7k | $25.54 |
5,550 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,728 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.41M
$3.86M – $5.14M
NOI $308,590 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
Shell
Shops & Services
18,104 visits/mo
0.2 miles
Jack in the Box
Dining
16,149 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
5,345 visits/mo
0.4 miles
Round Table Pizza
Dining
1,444 visits/mo
0.4 miles
Boba Guys
Dining
709 visits/mo
0.1 miles
Demographics for 94070, CA
31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront on a pedestrian mall with rear parking and an existing lease through February 2026.
Where is this storefront property located?
The property is located at 717 Laurel Street San Carlos, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 5,550‑square‑foot storefront property at 717 Laurel Street, San Carlos, CA 94070; Four parking spaces located at the back of the property; Existing lease expires 2/28/2026
