MOB in Half Moon Bay, Calif., provides valuable medical services to residents
Name: Coastside Clinic
Address: 225 Cabrillo Highway South
City: Half Moon Bay, Calif.
Total leasable square feet: 15,335
Number of floors: 1
Tenant: San Mateo County Health System
Year built: 1980
Year renovated: 2011
Seller: NetREIT Inc.
Brokerage: Marcus & Millichap
Broker: John Smelter
A 36-year-old medical office building (MOB) in a small town about 30 miles from San Francisco might not be the flashiest listing on the market in 2016. But sometimes the less attention-getting properties can make for very good investments.
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