NAI Northern California, as exclusive advisor, is pleased to present the opportunity to purchase a prime Peninsula office asset with Highway 101 frontage and visibility with incredible water and mountain views and breathtaking sights of airplanes preparing to land at nearby San Francisco International Airport (SFO). The property, located off Old Bayshore highway in Burlingame, is a 100% leased seven-story office building with a great mix of tenants specializing in architecture; medical and financial services; and import/export, among others. The approximately 65,000 SF building is located on 1.87 highly coveted acres adjacent to the Hyatt Regency and near the Crowne Plaza Hotel and major hospitality names serving nearby SFO. The property is also located in the midst of a new tech corridor with a focus on biotech in nearby South San Francisco and San Carlos, and virtual reality with Facebook’s Oculus acquisition. The latter is projected to occupy 767,000 SF of office space just two miles south of the subject property.

This fully leased building offers an investor a prime Peninsula office asset with a Highway 101 frontage and close proximity to downtown San Francisco, Silicon Valley, SFO, and major area employers and universities. It enjoys a highly coveted location in the San Francisco Bay Area known for its world-class universities, the highest concentration of Fortune 500 headquarters, cutting-edge Silicon Valley high-tech giants, and the nation’s highest venture capital investments. Technology companies in the Bay Area raised more than $10 billion in the first three months of 2018. A total of 408 companies were financed in the Bay Area during that time period, more than twice New York City, which was the next highest region.

Among nearby landmarks this asset enjoys are Stanford University (20 miles), Visa Global Headquarters (6.8 miles), Genentech (7.6 miles), Oracle (7.8 miles), Facebook (15 miles), Google (20 miles), and Cisco (29 miles), among many others. The City of Burlingame is known for its high residential quality of life with a walkable downtown area and excellent public school system. It boasts some of the highest personal incomes in the nation and expensive homes. The property enjoys easy access to Highways 101, 280, 380, 92, and others and is less than one mile from the Broadway Caltrain Station in Burlingame.