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    979 Broadway Millbrae, CA 94030

    For Lease
    $20 SF/Yr ($1,666 /Mo)

    1,000 sq ft Bay Area retail space

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,000-square-foot retail space is located at 979 Broadway in Millbrae, California, 94030, within the Bay Area submarket. Currently vacant, this property is situated inside a thriving 24 Hour Fitness gym, offering a unique opportunity for a complementary business. Ideal uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, or sales of sport, health, and wellness products and accessories. The space is perfect for businesses in the health, wellness, and fitness sectors. Prospective tenants should note that food and beverage preparation on-site, pole dancing classes, and uses requiring extensive construction or utility upgrades are not permitted. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). This multi-tenant building presents a fantastic opportunity for a business seeking high visibility and a built-in customer base within a well-established fitness center. The property is conveniently located in the Millbrae submarket cluster, offering easy access to major transportation routes and a strong local demographic.

    Property Features for 979 Broadway

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    1666.67

    Unit(s) available at that property

    Space
    Suite Available
    Size
    1,000 SF
    Rate per SF
    $20

    HighLights

    • 1,000 sq ft vacant retail space at 979 Broadway, Millbrae, CA 94030.
    • Located within a 24 Hour Fitness, ideal for health & wellness businesses.
    • Rent includes CAM, property taxes, and utilities (excluding phone, cable, internet).
    • High visibility and built‑in customer base.
    • Convenient location with easy access to transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Binka Bites Bakery ... Bakery Great Clips Hair Salon pandora spa Spa Water Lounge Spa Massage Spa C2 Education of Millbrae Tutoring Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Millbrae
    County
    San Mateo
    State
    California
    Longitude
    -122.39683382228
    Latitude
    37.604755674744

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    FAQs

    What type of property is this?
    Individual retail property - 1,000 sq ft Bay Area retail space
    Where is this individual retail property located?
    The property is located at 979 Broadway Millbrae, CA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 1,000 sq ft vacant retail space at 979 Broadway, Millbrae, CA 94030.; Located within a 24 Hour Fitness, ideal for health & wellness businesses.; Rent includes CAM, property taxes, and utilities (excluding phone, cable, internet).
    Request Owner's contact information
    979 Broadway Millbrae, CA 94030
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    Millbrae, CA 94030
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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
    979 Broadway Millbrae, CA 94030
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