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Executive Summary

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire a three-building industrial/R&D project totaling 47,803 square feet, located at 1021 Howard Avenue, 1360 and 1390 Bayport Avenue in San Carlos, California.
The Project offers a diversified tenant profile with a combination of multi-tenant and single-tenant occupancy, providing both durable income and long-term flexibility. The Bayport buildings are 100% leased to Serve Robotics (NASDAQ: SERV), an innovative autonomous delivery technology company, while 1021 Howard is leased to three tenants, offering diversification. The Project is strategically located in the heart of San Carlos’ industrial corridor, benefiting from excellent regional connectivity, immediate access to U.S. Highway 101 and Interstate 280, and proximity to a deep labor pool supporting engineering, manufacturing, and R&D uses. The property also benefits from existing entitlement for a three-story life science development, providing future upside.
Investors are offered the flexibility to acquire the Project separately or as part of the BayTech Industrial/R&D Portfolio, a compelling offering that includes high-quality industrial properties in Menlo Park and Hayward, allowing for scalable exposure across three premier Bay Area submarkets.

Property Facts

Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 48,465 SF
Total Land Area 2.17 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1021-1045 Howard Ave, San Carlos, CA 94070 Flex 22,167 SF 1968 -
1390 Bayport Ave, San Carlos, CA 94070 Flex 5,800 SF 1958 -
1360-1370 Bayport Ave, San Carlos, CA 94070 Industrial 20,498 SF 1965 -
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  • Listing ID: 40459200

  • Date on Market: 5/8/2026

  • Last Updated:

  • Address: BayTech Industrial Porfolio, San Carlos, CA

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