F45 Training

2065 Broadway St,
Redwood City, CA 94063

Downtown Redwood City NNN Opportunity

5.00%
CAP RATE
3,326
Building SF
$154,800
Current Rent
.10
Land Acres
NNN
Lease Type
.79
Building FAR
5.00%
CAP RATE
3,326
Building SF
$154,800
Current Rent
.10
Land Acres
NNN
Lease Type
.79
Building FAR

INVESTMENT OVERVIEW

  • Essential CRE is pleased to present the opportunity to acquire the fee simple interest in 2065 Broadway Street in Redwood City, CA. The subject property is 3,326 square feet and resides on .10 acres of land. F45 Training benefits from being situated on a hard corner parcel which provides excellent exposure in Redwood City's prominent downtown commercial district. The site benefits from accessible public transit via Caltrain and is centrally located for commuting to Silicon Valley and San Francisco. Redwood City's tech presence continues to expand and is experiencing a considerable increase in residential development in the immediate surrounding trade area.

INVESTMENT HIGHLIGHTS

  • Rare Opportunity to Acquire Single Tenant Net Leased Asset in Premier Downtown Redwood City Location
  • Absolute NNN Lease with Recent 3-Year Option Exercised, Experienced Franchisee Operator with Multiple Locations
  • High Visibility Downtown Redwood City Location Surrounded by Class A Office, Retail and High-Density Residential
  • Affluent Demographics; Median Household Income of $160,058 and Population of 133,386 within a 3-Mile Radius

MARKET OVERVIEW

  • Redwood City is a vibrant city located on the San Francisco Peninsula in Northern California’s Bay Area, approximately 27 miles south of San Francisco and 24 miles northwest of San Jose. It serves as the county seat of San Mateo County and is considered part of Silicon Valley. Redwood City is home to several global technology companies, including Oracle, Electronic Arts, Box, and Informatica. The city’s economy benefits from its strategic location in Silicon Valley, offering numerous job opportunities in various industries . Downtown Redwood City: Features a revitalized area with a 20-screen theater, shops, restaurants, and the San Mateo County History Museum housed in the old courthouse building. Port of Redwood City: The only deepwater port on San Francisco Bay south of San Francisco, supporting both commercial and recreational activities. Redwood Shores: A waterfront community offering scenic views, trails, and access to water-based activities.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282