667-669 Crespi Dr, Pacifica, Ca 94044
Office | 2.61% CAP | 8,533 SqFt
Marketing description
Multi-Tenant medical and professional office building, in the heart of Pacifica's Linda Mar district. This investment opportunity, offers 7,184 sqft of gross leasable area on a 18,295 sqft lot, featuring 14 suites with 9 established tenants and 3 vacant units offering immediate upside potential. Tenancy is comprised of medical professionals, dentists, podiatrists, wellness providers, and other professionals, creating a stable and synergistic tenant mix. The property's flexible suite layout and zoning allow for continued multi-tenant operation or conversion to an owner-user headquarters with additional income from surrounding suites. With rents below market and vacancy upside, this asset presents a compelling value-add or owner-user investment along one of the most sought-after stretches of the Northern California coast. Located just off Hwy 1, the property benefits from excellent visibility and accessibility within walking distance to Linda Mar Beach, Safeway Shopping Center, and a vibrant mix of local anchor businesses including McDonald's, Starbucks, Chase Bank, and Ross. This highly desirable corridor along the San Mateo County Coast offers limited supply and consistent demand from professional and medical tenants seeking proximity to both San Francisco and the Mid-Peninsula.
Investment highlights
±7,184 SF office/medical building on 18,295 SF lot
14 suites | 9 tenants | 3 vacancies for lease-up upside
Established medical & professional tenant base
Steps from Linda Mar Beach & the Safeway Shopping Center
Easy access to Hwy-1 | Short commute to SF, SFO, & Silicon Valley
Rare coastal commercial asset with consistent long-term demand
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