1239-1249 W El Camino Real - Freestanding FOR SALE
Mountain View, CA 94040 |
1239-1249 W El Camino Real
Mountain View, CA 94040
HIGHLIGHTS
- Five tenant retail strip center with strong mix of diverse, ecommerce resistant tenants comprised of retail, service, and restaurant
- Tenants with long operating histories on short-term, gross leases below market rents
- Opportunity to re-tenant, convert to NNN, or sign new leases with existing tenants
- Low 2.2% retail vacancy rate in Mountain View and rents have increased 3.1% over the past three years
- Zoning is El Camino Real Precise Plan which allows for a variety of redevelopment opportunities including residential, mixed-use, and hotel
- Designated as Medium Intensity with an FAR of 1.85 and height of 55 feet without bonuses and no ground floor commercial requirements
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ditri Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
5687
STORIES
1
YEAR BUILT
1967
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
189-02-034
