For Sale: 1720 El Camino Real – Burlingame, CA

1720 El Camino RealThe Offering

CBRE, as exclusive advisor, is pleased to present the outstanding opportunity to acquire the fee simple interest in 1720 El Camino Real (the “Property” or “Building”), a ±91,396 square foot medical office building located in Burlingame, CA. Totaling ±3.72 acres, the Property is adjacent to the Sutter Health Mills-Peninsula Hospital and is located just 1 mile from Highway 101 and 0.6 miles from the Millbrae BART and Caltrain stations. The Property is 91% leased to a variety of medical office users for a weighted average remaining lease term of almost four years and 45% of the net rentable area expiring over the next three years, offering a stable cash flow and access to the rent roll in the near term.

Offering Summary

Address 1720 El Camino Real
City / State Burlingame, CA
Year Built 1950s to 1980s
Total Rentable Area ±91,396 Square Feet
Floors Three
Site Area ±3.72 Acres
% Leased 91%
# of Tenants 20
Parking Ratio 4.9 spaces per 1,000 square feet
Major Tenants Mills Peninsula Hospital (25% of NRA;
Lease Expiration: December 2020)
Peninsula Endoscopy Center (11% of NRA; Lease Expiration: October 2026)
DaVita (7% of NRA; Lease Expiration:
June 2017)

Executive Summary

Confidentiality Agreement

Contact Information

Investment Contacts

Seth McKinnon
Vice President
+1 415 772 0165
Lic. 01842040
seth.mckinnon@cbre.com

Chris Bodnar
Executive Vice President
+1 303 628 1711
Lic. 01892501
chris.bodnar@cbre.com

Lee Asher
Executive Vice President
+1 404 504 5965
Lic. in Georgia
lee.asher@cbre.com

Debt & Structured Finance

Brad Zampa
Executive Vice President
+1 415 772 0225
Lic. 01174366
brad.zampa@cbre.com

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