Located in San Mateo, CA, in the heart of the Peninsula, this 100% fully leased commercial retail building presents a prime investment opportunity. This single-story, 3-unit retail property offers 4,996 square feet of gross leasable area on a 5,500-square-foot lot. The tenant mix includes two established fitness businesses and a hair salon, providing stable rental income. Tenants include VIP Hair Salon, Power Up Training Gym, and KG Fitness Studio. All of the leases are NNN, leaving the landlord with minimal responsibilities. Situated in a high-demand retail corridor, the property benefits from strong visibility, consistent foot traffic, and proximity to major thoroughfares. Priced at $2,995,000 with a competitive cap rate of 5.84%, this investment offers an attractive opportunity for investors seeking a well-located asset with reliable cash flow in one of the Bay Area’s most desirable markets. Nearby Amenities: -Hillsdale Mall (0.5 mi away) -Bay Meadows (0.5 mi away) -Downtown San Mateo (2.0 mi away) Contact for more details: Rachna Gandhi (650) 339-6818 Rachna.Gandhi@corcoranicon.com Diego Labutay (650) 281-8877 Diego.Labutay@corcoranicon.com