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    388 El Camino Real San Carlos, CA 94070

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    388 El Camino Real San Carlos, CA 94070


    • Retail properties & Spaces
    • 12,085 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Farmers Business Network / Agricultural Service

    Property Details for 388 El Camino Real

    Year built
    1990
    Property size
    12,085 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional 12,085-square-foot freestanding office building, situated at 388 El Camino Real in San Carlos, California, presents a unique opportunity for businesses seeking a prominent location. Built in 1990 and renovated in 2017, this two-story property boasts a flexible layout encompassing both private and collaborative workspaces. The open design features a mezzanine level, high bow truss ceilings, exposed wood beams, and upscale finishes throughout, including a modern kitchen and glass breakout rooms. The property is zoned MU-N-50 (Mixed Use), allowing for a variety of business types. Its convenient location offers easy access to the San Carlos Train Station and Highway 101, enhancing commuting ease. The surrounding area is vibrant, with numerous retail options, restaurants, gyms, and entertainment venues, including the Hillsdale Shopping Center. San Carlos itself is known for its high quality of life, excellent schools, and a highly educated workforce, with over 55% of workers within a 5-mile radius holding a bachelor's degree or higher. The asking rent is $2.50 per square foot for the first year, with a lease signed before December 31, 2024. The rate increases to $3.10 per square foot after the first year. This property is a single-tenant building, offering 12,085 square feet of space. The APN is 050-054-290. A virtual tour is available online.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    San Carlos
    County
    San Mateo
    State
    California
    Longitude
    -122.263
    Latitude
    37.5092
    More about this property
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