www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31187133
31187132

3470 El Camino Real, Palo Alto, CA 94306

TC
CA 01795580
Clemence Investment Group, Inc.
AG
02232842
Clemence Investment Group, Inc.
Listed by Clemence Investment Group, Inc.
$3,800,000
75 days on market
Updated 74 days ago

Restaurant

Details
APN 137-11-093
Property Type Retail
Sub Type Restaurant
Tenancy Single
Lease Type NNN
Lease Options option to renew
Pro-Forma Cap Rate 4.17%
Pro-Forma NOI $158,424
Broker Co-Op Yes
Year Built 1935
Buildings 1
Stories 2
Lot Size (SqFt) 10,600
Parking Spaces 11 spaces
Investment Type Owner/User
Tenant Credit Credit Rated

Strong Demographics & Affluent Customer Base

Marketing description

***Please DO NOT DISTURB CURRENT TENANT. Call or Email Abby to request a tour as listing is confidential.***

Clemence Investment Group, Inc. is pleased to present for sale a prime commercial property located at 3740/3760 El Camino Real, Palo Alto, California. This is a rare opportunity to acquire a freestanding restaurant property in the highly sought-after market of Palo Alto, currently occupied by Mexican Restaurant. Offered at approximately $3.8 million, this asset presents both an owner-user and investment opportunity in one of Silicon Valley’s most supply-constrained and affluent submarkets.

The property benefits from strong visibility, established restaurant infrastructure, and a long-standing presence in the community. Palo Alto continues to command premium real estate values due to its proximity to major tech employers, high-income demographics, and limited commercial inventory. Comparable properties and residential assets in the area routinely trade in the $3M–$4M+ range, underscoring the strength and stability of the local market.

Investment highlights

Listing Contacts

TC
CA 01795580
Clemence Investment Group, Inc.
AG
02232842
Clemence Investment Group, Inc.
Listed by Clemence Investment Group, Inc.

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Thomas Chang
License
01795580
Brokerage
Clemence Investment Group, Inc.
Brokerage Phone
4153121139
Title
Broker
Brokerage Address
823 Sentry Palm Court
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591