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241 N Amphlett Blvd
San Mateo, CA 94401
Omega Vet Group · Office Property For Sale
Investment Highlights
- NNN Lease – This investment offers a potential investor a mostly passive, long-term investment for both local and national investors.
- Caters to Nearby Affluent Population – The asset caters to over 227,000 residents within a 5-mile radius
- Recession-Resistant Property – Veterinary Hospitals are extremely sought-after investments for their resistance to downturns in the economy
- Scheduled Rental Increases – 2% annual rental increases start year 3 and provides a future owner with a boost in cash flow
- Tenant Investment in Location – Pet Hospitals rarely relocate due to difficulty retaining the same patients in a new location
- Omega Veterinary Group – Omega Veterinary Group is dedicated to advancing veterinary critical care medicine in the Bay Area.
Property Facts
Property Type
Office
Building Size
8,800 SF
Building Class
C
Year Built
1961
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,420 SF
Building FAR
0.68
Lot Size
0.30 AC
Zoning
CH00C4
Parking
26 Spaces (2.94 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 033-074-090 | Improvements Assessment | $2,640,000 |
| Land Assessment | $4,400,000 | Total Assessment | $7,040,000 |
Property Taxes
Parcel Number
033-074-090
Land Assessment
$4,400,000
Improvements Assessment
$2,640,000
Total Assessment
$7,040,000
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