695 Oak Grove Avenue, Suite 310, Menlo Park, CA 94025; Office Property For Sale; B-7 in San Mateo County
Office Property For Sale
- Building Size:1,499 SF
- Property Type:Office
- Property Sub-type:Office Condo
- Additional Sub-types:Medical Office
- Property Use Type:Investment
- Cap Rate:5%
- Building Class:A
This medical office condominium is fully built-out and leased to a prominent neurology practice through October 31, 2017. Space has 3 exam rooms and 3 offices. Opportunity exists for an investor to participate in very tight and supply-constrained medical office on Mid-Peninsula or for medical office user to lock in future occupancy and participate in income until then.
695 Oak Grove Avenue in a prime location within downtown Menlo Park in the midst of shops, restaurants and is within close walking distance of Menlo Medical Clinic and the Menlo Park Caltrain station. It is adjacent to a substantial City of Menlo Park public parking plaza, which affords the property excellent parking.