FOR SALE 77 BIRCH STREET REDWOOD CITY, CA Medical Office Building / Residential Development Site > AAA location in quiet, desirable Oak Knoll/Edgewood Park neighborhood of Redwood City. > Property set amongst professional offices, apartments and single family homes on tree-lined street. > Existing: ±4,918 SF medical office building ideal for investor/owner, user or developer. > 3.15% current cap or 19 GRM on in-place rents. 4.47% pro forma cap or 15 GRM on pro forma rents. > Property features ±16,509 SF lot. Potential use as residential redevelopment site. > General Plan Designation: High Density Residential. Density: 40 DU/Acre Maximum w/ Maximum Height: 4 Stories. > Transit-oriented location with good walkability to downtown Redwood City amenities. Walkscore of 87 > Close proximity to El Camino Real, US 101, SR 84, SR 92 and the Redwood City Caltrain Station Colliers International 203 Redwood Shores Parkway Suite 125 Redwood City, CA 94065
FLOOR PLAN 128 BIRCH STREET HOPKINS AVENUE WHIPPLE AVENUE 130 ARCH STREET Elec HW UNIT B ±1,032 SF UNIT F ±781 SF UNIT E ±725 SF 53.0 UNIT A ±900 SF UNIT C ±631 SF UNIT D ±849 SF 93.0 Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. 2018 Colliers International
RENT ROLL Unit Sq. Ft. Tenant Status Rent Move In Lease From Lease To Renewal Option A ±900 Cameron Caswell Current $2,704.50 11/04/2014 11/04/2014 12/01/2018 2 years B ±1,032 Christian Kim Current $3,194.19 09/01/2013 09/01/2013 08/31/2019 3 years C ±631 Raines Chiropractic Office Current $1,900.00 08/01/2013 08/01/2013 07/31/2018 - D ±849- Vacant $3,396.00 ---- E ±725 Gregory Ding Current $2,926.00 08/01/2001 08/01/2001 05/31/2020 - F ±781 Gina Rodriguez M.D. Current $2,440.00 10/01/2010 10/01/2010 36 months Total ±4,918 $16,560.69
CAPITAL IMPROVEMENTS > New Roof $ 16,250.00 > Exterior Paint $ 4,300.00 > Renovations - Unit D $ 1,127.00 > New Exterior Stucco $ 12,500.00 > 10 Downspouts $ 1,500.00 Total: $ 36,677.00
HAMILTON ST MIDDLEFIELD RD WALNUT ST TRANSIT-ORIENTED STRATFORD ST E T S T FINGER AVE WARWICK ST Walk Score 87 OAKDALE ST WHIPPLE AVE Very Walkable Most errands can be accomplished on foot. source: walkscore.com BIRCH ST HOPKINS AVE EL CAMINO REAL ARCH ST MEZES PARK STANDISH ST ARGUELLO ST HOPKINS AVE SAMSON ST ALDEN ST WARREN S T NS LOW S T ALLERTON S T BREWSTER AVE DOWNTOWN REDWOOD CITY MARSHALL ST J E FFERS ON AVE N S T BRADFORD ST WALNUT ST VETERANS B ELWOOD ST MAIN ST HUDSON ST GRAND ST FULTON ST DUANE ST CLINTON ST REDWOOD CITY CALTRAIN STATION MAPLE ST CASSIA ST ARK 77 BIRCH STREET KATHERINE AVE GRAND ST DUANE ST J AMES AVE CLINTON ST LEXINGTON AVE HARRISON AVE CLEVELAND ST ADAMS S T J EFFERSON AVE MADISON AVE FRANKLIN ST VERA AVE LINCOLN AVE MAPLE ST BEECH ST VELT AVE MAIN ST CEDAR ST S BEECH ST HELLER ST S CHESTNUT ST 77 Birch Street Approximate Travel Times 26.2 Miles 36 Minutes SF 27 Minutes (Baby Bullet) SF 0.5 Mile 10 Minutes 24 Miles 30 Minutes SJ 28 Minutes (Baby Bullet) SJ