2490-2496 W El Camino Real - Freestanding FOR SALE


Mountain View, CA 94040- Outer Mountain View/Los Altos
$5,990,000 USD
602-541-1019
2490-2496 W El Camino Real, Mountain View, CA for Sale
$5,990,000 USD
Freestanding - FOR SALE
1/6
null | 5.45% Cap Rate

2490-2496 W El Camino Real
Mountain View, CA 94040
Outer Mountain View/Los Altos


HIGHLIGHTS

  • 8+ Years Remaining on Triple-Net (NNN) Lease with Corporate Mattress Firm Guaranty
  • 10% Rental Increases Every Five Years with Multiple Renewal Options
  • Situated in the Heart of Silicon Valley, Surrounded by a Daytime Population of 467,300+ People in a Five-Mile Radius
  • Hard Corner Location at a Significant Retail Intersection - Neighboring Retailers Include Walmart, Target, Trader Joe's, Safeway, and Whole Foods
  • Excellent Visibility Along West El Camino Real and Showers Drive (50,000+ Cars per Day)
  • Located in One of the Most Affluent Areas in the Country - Average Household Income Exceeds $216,000 within a Three-Mile Radius

OVERVIEW

Mattress Firm is the leading multi-branded mattress specialty retailer in the U.S., helping to make better sleep a reality by matching consumers to their perfect mattress through its highly trained team of Sleep Experts across its 2,200 retail locations and robust online operations. Nestled between the Santa Cruz Mountains and San Francisco Bay, Mountain View is situated in the heart of Silicon Valley, roughly 10 miles north of San Jose and 35 miles south of San Francisco. The city is home to over 86,500 residents, several national and international businesses, and a thriving small business base.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$1,232 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mattress Firm

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CRA

APN/PARCEL ID

148-28-001

ASK ABOUT THIS PROPERTY

Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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