Listed by Premier Properties
$8,500,000
Multi-Tenant Retail Building
Details
APN 137-11-083
Property Type Retail
Sub Type Shopping Center
Square Footage 8,080
Tenancy Multi
Lease Type NNN
Acreage 0.320
Zoning CN (Neighborhood Commercial)
Parking Spaces 14 spaces
Parking Per SqFt 1.73
Retail | 8,080 SqFt
Marketing description
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire the fully-leased retail building located at 3886-3898 El Camino Real, Palo Alto. This high-visibility property is situated at a traffic light that sees over 47,000 vehicles per day. All five suites are occupied under triple net leases, with the shortest lease expiring in 2029. The easy accessibility via car and on-site parking make this a bustling retail center.
3886-3898 El Camino Real presents a unique opportunity to purchase a fully-leased Palo Alto retail building in a high-visibility location.
Investment highlights
- Address: 3886-3898 el camino real, palo alto, ca 94306
- APN: 137-11-083
- Building size: ±8,080 sq. Ft.
- Parcel size: ±13,939 sq. Ft. / 0.32 acre (per public record)
- Zoning: CN (neighborhood commercial)
- Parking: 14 spaces
- Price: $8,500,000
Listing Contacts
Listed by Premier Properties
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Zoning
CN CommercialNeighborhood CommercialNeighborhood Commercial
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