685 E El Camino Real - Restaurant FOR SALE


Sunnyvale, CA 94087- Community Center/Sunnyvale
$31,900,000 USD
408-315-4623
685 E El Camino Real, Sunnyvale, CA for Sale
$31,900,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

685 E El Camino Real
Sunnyvale, CA 94087
Community Center/Sunnyvale


OVERVIEW

The Property is located at 665, 681, 683, and 685 El Camino Real in Sunnyvale California and totals 3.032 acres of land. The site is designated within the Sunnyvale El Camino Real Specific Plan (ECRSP) for multi-family development. The ECRSP provides for housing densities of 42 units per acre, which can be expanded by 14 units per acre if certain development criteria are achieved. Along with the residential units, the ample 438 feet of El Camino Real frontage provides a great opportunity to develop retail store fronts of approximately 20000 square feet. Located within the El Camino Real Specific Plan Designated for multi-family-mixed use development 3.032 Acres Approximately 438 feet of frontage on El Camino Real Development rights of 42 units per acre Additional Development incentives of 14 units per acre Mixed Use - Store Front of approximately 20000 square feet Traffic Counts of 45200 ADT along El Camino Real Strong Residential demand with insufficient housing supply Outstanding Schools Tremendous high tech job market and affluent demographics

FOR SALE DETAILS

PRICE

$31,900,000 USD

PRICE/SF

$5,366 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Camino Real Multi Family Development Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C2

APN/PARCEL ID

211-08-031

ASK ABOUT THIS PROPERTY

Tim BrintonColdwell Banker Commercial RealtyMore Info
408-315-4623

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Tim BrintonColdwell Banker Commercial RealtyMore Info
408-315-4623

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