1828 El Camino Real | Burlingame, CA 94010
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- LoopNet Team
1828 El Camino Real
Burlingame, CA 94010
Peninsula Life Science Center · Office Property For Sale
Investment Highlights
- Fully stabilized Life Science building - 98% Leased
- Over $11 million in recent capital and tenant improvements
- Thriving Life Science market: 4 MSF of proposed Life Science development within a three mile radius
- Anchored by four Life Science tenants occupying 92% of the building, 4.4 years WALT, AA credit tenancy
- The only Life Science building in the Bay Area within a 5 minute walk to Bart & Caltrain
PROPERTY FACTS
Property Type
Office
Building Size
62,520 SF
Building Class
B
Year Built/Renovated
1974/2022
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
7,815 SF
Building FAR
1.56
Lot Size
0.92 AC
Zoning
ECN - Commercial
Parking
182 Spaces (2.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Food Service
- Property Manager on Site
- Restaurant
- Plug & Play
PROPERTY TAXES
| Parcel Number | 025-150-220 | Improvements Assessment | $39,000,000 |
| Land Assessment | $20,350,000 | Total Assessment | $59,350,000 |
PROPERTY TAXES
Parcel Number
025-150-220
Land Assessment
$20,350,000
Improvements Assessment
$39,000,000
Total Assessment
$59,350,000
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