2134 Old Middlefield Way - Warehouse FOR SALE


Mountain View, CA 94043- Outer Mountain View/Los Altos
$5,600,000 USD
650-208-5282
2134 Old Middlefield Way, Mountain View, CA for Sale
$5,600,000 USD
Warehouse - FOR SALE
1/4
null | 5.58% Cap Rate

2134 Old Middlefield Way
Mountain View, CA 94043
Outer Mountain View/Los Altos


HIGHLIGHTS

  • 100% occupied multi-tenant flex investment located in the heart of Mountain View
  • All tenants on NNN leases with rent increases
  • Attractive parking ratio of 4.00 per 1,000 SF
  • Excellent access to Highway 101, Highway 237 and Highway 85

OVERVIEW

100% occupied multi-tenant flex investment located in the heart of Mountain View, one of Silicon Valley’s strongest commercial markets. The property’s diverse tenant mix provides stable in place cash flow while reducing reliance on any single occupant. The property consists of approximately 11,595 square feet on a 34,960 square foot parcel and offers a flexible layout that accommodates a variety uses. The asset features 47 on-site parking spaces, providing an attractive 4.00 spaces per 1,000 square feet parking ratio. This enhances tenant convenience, accommodates a wide variety of commercial uses, and strengthens the property’s long term leasing appeal. Situated in the heart of Mountain View, the property offers immediate access to Highways 101, 85, and 237, as well as Central Expressway, placing tenants within minutes of the region’s largest technology employers, executive housing, and major transportation corridors. The location continues to benefit from strong tenant demand driven by Silicon Valley’s innovation economy.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$492 USD /SF

CAP RATE

5.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,719

ZONING

CS

APN/PARCEL ID

147-07-076

ASK ABOUT THIS PROPERTY

Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

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Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.