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    1050 Broadway Redwood City, CA 94063

    Sponsored
    For Lease
    $30 SF/Yr

    Prime Bay Area fitness center sublease. 2,689 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,689 square foot retail space is available for lease within a thriving 24 Hour Fitness gym in Redwood City, San Mateo County, located in the desirable Bay Area submarket. The space is offered as a single-tenant occupancy and is ideally suited for a variety of health, wellness, and fitness-related businesses. Potential uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss programs, health diagnostic services, and the sale of related products such as workout apparel and accessories. The landlord is open to considering other complementary fitness and wellness uses. However, please note that food and beverage preparation on-site is prohibited, as are pole dancing classes and any uses requiring significant construction or utility modifications. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This presents a unique opportunity to establish a business within an established and high-traffic fitness facility in a prime Bay Area location. The space is ready for immediate occupancy.

    Property Features for 1050 Broadway

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF
    Rate per SF
    $30

    HighLights

    • Retail space for lease in Redwood City, San Mateo County, Bay Area.
    • Single‑tenant fitness center space totaling 2,689 square feet.
    • Located at 1050 Broadway Street.
    • Suitable for various health and wellness uses, including martial arts, physical therapy, and related services. No food preparation, pole dancing, or extensive construction allowed.
    • Rent includes CAM, taxes, and utilities (excluding phone/cable/internet).
    Property Profile Location Intelligence

    Current Use by Public Records

    British Swim School ... Swimming School 24 Hour Fitness Gym

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.21140473051
    Latitude
    37.48753628958

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    FAQs

    What type of property is this?
    Individual retail property - Prime Bay Area fitness center sublease. 2,689 sq ft.
    Where is this individual retail property located?
    The property is located at 1050 Broadway Redwood City, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Retail space for lease in Redwood City, San Mateo County, Bay Area.; Single-tenant fitness center space totaling 2,689 square feet.; Located at 1050 Broadway Street.
    Request Owner's contact information
    1050 Broadway Redwood City, CA 94063
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    Redwood City, CA 94063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1050 Broadway Redwood City, CA 94063
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