Property profile

0 3Rd Ave San Mateo, CA 94401

OFF-MARKET
Office Spaces
28,787 SF
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Property summary

AI-generated overview

This exceptional Class A office space, located at 3 East Third Ave Suite 200, San Mateo, CA 94401, offers a vibrant and collaborative work environment. The property, known as Spaces - Downtown San Mateo Clocktower, boasts 28,787 square feet of total building space, with 5,650 square feet currently vacant. Suites range from a minimum of 50 square feet to a maximum contiguous space of 1,300 square feet, accommodating businesses of all sizes. The building features 350 total suites and is conveniently located in the heart of downtown San Mateo, providing easy access to a thriving business district, diverse dining options, and entertainment venues. Renovated in 2019, the building includes elevators for convenient access to all floors. This prime corner location in San Mateo County offers a unique opportunity to establish your business within a dynamic and innovative community. The property is ideal for a variety of office needs, including traditional office space, executive suites, coworking arrangements, and creative office setups. The building's modern design and amenities create an inspiring workspace designed to foster collaboration and innovation. Don't miss this chance to secure your space in this sought-after location.

Property profile

Verified
Property type Office Spaces
Total area 28,787 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3Rd Ave San Mateo, CA 94401
San Mateo metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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