643 Emerson St - Restaurant FOR SALE


Palo Alto, CA 94301- Downtown Palo Alto
$6,500,000 USD
415-559-5557
643 Emerson St, Palo Alto, CA for Sale
$6,500,000 USD
Restaurant - FOR SALE
1/6
null | 4.94% Cap Rate

643 Emerson St
Palo Alto, CA 94301
Downtown Palo Alto


OVERVIEW

Single Tenant NNN Leased Investment. Tenant handles all costs and responsibilities related to property. $321,139.52 Annually / $26,769.96 monthly ~3% annual base rent increases Current lease through June 30, 2031. Landmark Buca Di Beppo location in prime downtown Palo Alto location. Exceptional cash flow and upside for future development.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

4.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Single Tenant NNN Leased Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Day Care Center, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CD-C(GF)(P)

APN/PARCEL ID

120-27-020

ASK ABOUT THIS PROPERTY

Anne WilburWilbur PropertiesMore Info
415-559-5557

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Anne WilburWilbur PropertiesMore Info
415-559-5557

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