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Former Mollie Stone’s Market 49 42nd Ave 45,000 SF of Retail Space Available in San Mateo, CA 94403
Highlights
- Located within minutes of US-101 and I-280, offering seamless access across the San Francisco Peninsula.
- Massive street frontage along 42nd Avenue with multiple access points from surrounding streets.
- Large-format footprint suitable for single-tenant occupancy or flexible build-out configurations.
- Dense, high income, residential surroundings and regional connectivity support sustained consumer traffic and strong spend potential.
- Adjacent to established national and regional retailers anchored by Hillsdale Shopping Center.
- Onsite circulation designed for high customer volume and easy truck loading/delivery access.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 45,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This premier retail opportunity offers approximately 45,000 SF of highly adaptable anchor space in San Mateo's thriving retail corridor. Formerly occupied by Mollie Stone’s Market, the property benefits from outstanding visibility and accessibility, enhanced by a large surface parking lot with over 500 spaces for customer convenience. Located near Hillsdale Shopping Center, the site positions tenants to capture consistent consumer traffic from neighboring residential density and strong regional demand drivers. The property features robust infrastructure, including dock-loading capabilities and heavy electrical power, supporting operations for grocery, fitness, entertainment, or other large-format retailers. Benefiting from immediate access to El Camino Real and excellent ingress/egress from 42nd Avenue, this location delivers unmatched connectivity within the Peninsula. Ownership will consider long-term leases to accommodate tenants seeking to maximize exposure in one of the Bay Area’s most dynamic retail trade areas.
- Anchor Space
- High-visibility large-format anchor retail space
- Expansive surface parking lot with over 500 spaces
- Loading docks, 1200-amps, fire sprinkler system
- Open layout accommodates larger tenant uses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Former Mollie Stone’s Market
- Tenant
- Description
- US Locations
- Reach
- Mollie Stone's Markets
- Supermarket
- 11
- Local
- Starbucks
- Coffee
- 21,668
- International
| Tenant | Description | US Locations | Reach |
| Mollie Stone's Markets | Supermarket | 11 | Local |
| Starbucks | Coffee | 21,668 | International |
Property Facts
| Total Space Available | 45,000 SF | Gross Leasable Area | 45,000 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Supermarket |
| Total Space Available | 45,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 45,000 SF |
| Year Built | 2000 |
About the Property
David Harrington License # 02168060 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
Nearby Major Retailers
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Former Mollie Stone’s Market | 49 42nd Ave
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