277 S B St
San Mateo, CA 94401
277 South B Street · Property For Lease

- ±5000 SF ground floor, 2,500 SF mezzanine and 5,000 SF basement - The annual property taxes on this building are $6,300/per year. A typical building this size has a property tax in excess of $60,000/per year. This results in a $5,000/month discount on the future tenants NNN costs. The landlord is willing to cap the cost of annual taxes. - Tremendous draws to downtown make for a 7 day a week, morning,afternoon & evening customer base - The current tenant is HSBC Bank, the worlds largest bank. The property is grandfathered in as RARE corner location in downtown San Mateo that will continue to allow usage as a bank,financial services,tech company/ - Dynamic tenants in downtown include: Cinemark, Draper University,Walgreens, Draegers Market, CorePower Yoga, SoulCycle (coming soon), and a variety of start up tech companies - Financial institutions permitted - Irreplaceable corner location that is in downtown San Mateo's most desirable corner- 3rd Ave and B Street, right next door to the movie theater, several bars & restaurants, tech companies and retail establishments which provides for an excellent walking score. - Tremendous draws to downtown make for a 7 day a week, morning,afternoon & evening customer base - 3rd Ave. is the main artery into downtown San Mateo off Hwy 101. The building is approximately 40 feet high which provides for excellent exposure from signage.