Listed by Cushman & Wakefield - Chicago, Illinois, The Econic Company
Unpriced
2700 - 2740 Middlefield Rd
Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 10,323
Occupancy 100%
Lease Type NNN
Year Built 1961
Stories 1
Acreage 0.740
Parking Spaces 36 spaces
Parking Per SqFt 3.49
Retail | 10,323 SqFt
Marketing description
Cushman and Wakefield, as exclusive advisor, is pleased to present the exciting pride of ownership opportunity to acquire the fee
simple interest in 2700-2740 Middlefield Road, Palo Alto California. The 10,323 square foot mixed use building is fully leased with
staggered roll over the next four years. The dedicated parking, strong local retail market and well maintained building offer an
immediate, solid income stream with room for improvement in the near future.
Located in the heart of Midtown Palo Alto the property offers a rare opportunity to own in Palo Alto. The proximity to the extremely
affluent neighborhoods of Palo Alto make for a strong retail market and the building has historically experienced little to no vacancy.
The property also provides direct access to Highway 101.
Investment highlights
- Premier Midtown Palo Alto location with on-site parking
- Strong immediate cash flow with no vacancy and NNN leases
- Staggered roll provides for both stability and rent upside
- Located in extremely affluent area of Palo Alto
- Solid neighborhood serving retail center
- Direct access to Highway 101
- Abundant Amenities
Listing Contacts
Listed by Cushman & Wakefield - Chicago, Illinois, The Econic Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
