1027 Chula Vista Avenue

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1027 Chula Vista Avenue

Burlingame, CA 94010
Asking Price
$2.15M
Asset Type
Retail
Class
Class B

What's Special

1027 Chula Vista Avenue is situated in Burlingame, California, positioned near the Broadway commercial corridor. The surrounding neighborhood is characterized by a mix of local boutiques, established dining options, and residential developments. The property offers proximity to major transit routes, including Highway 101 and the El Camino Real, providing regional connectivity. Additionally, the asset is located within walking distance of the Broadway Caltrain station, facilitating access for commuters and local residents throughout the Peninsula. The building is suited for a variety of retail applications, including service-oriented storefronts, specialty boutiques, or fitness studios. Given the surrounding demographic and foot traffic patterns, potential tenants typically include independent retailers, professional service providers, or health and wellness businesses. The flexible interior layout supports diverse configurations tailored to traditional retail displays or customer-facing operations within a high-visibility suburban market.

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NOI
$80,000
Cap Rate
3.72%
DSCR
0.63
Underwater
Cash-on-Cash
-7.39%
Monthly Payment
$10,637.027
Annual Cash Flow
$-47,644.323

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