1828 El Camino Real
Burlingame, CA 94010
Peninsula Life Science Center · Property For Lease

This property features an on-site pharmacy and complete lab, plus ample off-street parking. It is one block from BART and is the most visible and prominent building in the area. The subject property is situated in the medical district of Burlingame across the street from the Peninsula Medical Center an affiliate of Sutter Health. The hospital provides immediate clientele for the subject’s existing use. The majority of the property's leases are month-to-month and below market. An experienced manager could create an immediate increase in revenue by bringing existing tenants up to market rent and leasing out the vacant space. There is also a substantial development opportunity. The current parking lot behind the subject property could be developed into a six story office or senior housing building. The property will need additional parking spaces that will most likely be subterranean.