695 Oak Grove Avenue, Suite 310, Menlo Park, CA 94025 FOR SALE ; Office Building; San Mateo County
Office Property For Sale
Building Size: 1,499 SF
Property Type: Office
Property Sub-type: Medical Office
Additional Sub-types: Office Condo
Property Use Type: Investment
Cap Rate: 5%
Building Class: A
Listing ID: 18623703
Last Updated: 23 days ago
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.