Property profile

1761 Bayshore Rd E East Palo Alto, CA 94303

FOR LEASE
Retail space
Property ID
US10-2351631
30,978 SF 2.65 ac lot
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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1761 Bayshore Rd E, East Palo Alto, CA 94303 For Lease
$9,180,000
1761 Bayshore Rd E, East Palo Alto, CA 94303
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Property summary

AI-generated overview

This exceptional retail property, located at 1761 E Bayshore Rd in East Palo Alto, California, offers a substantial 30,978 square feet of vacant space, perfect for a single tenant. Situated in San Mateo County, zip code 94303, this property boasts ample parking, a significant advantage for customers and employees. The building's classification is retail commercial, making it ideal for a wide range of businesses seeking a prominent location. The entire space is currently available for lease, presenting a unique opportunity for a business to establish a substantial presence in a growing area. With its generous square footage and ample parking, this property is well-suited for businesses requiring significant space and convenient customer access. The property's location in East Palo Alto offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location within San Mateo County. The single-tenant occupancy ensures complete control and customization of the space, allowing for a tailored fit-out to meet specific business needs. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a large, well-located retail space in a thriving California market. The property's size and ample parking make it a highly desirable location for a variety of retail businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 30,978 SF
Lot 2.65 ac (115,388 SF)
APN 063-511-520
UPID US10-2351631

Cap rate & NOI

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

Location

1761 Bayshore Rd E East Palo Alto, CA 94303
East Palo Alto metro Census 611901 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.17M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.18M

Owner & transaction history

since 2011
3 recorded transactions
2011
$11.8M
2008
$10.9M
1969
Price N/A

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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More about this property
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