991 Commercial St, Palo Alto, CA 94303
4,700 SF Specialty Building Offered at $5,400,000 at a 5% Cap Rate in Palo Alto, CA 94303
For Sale
Active
Asking Price $5,400,000
- Property Type
-
Specialty
- Square Feet
- 4,700 SF
- Price / Square Foot
- $1,149
Listing Contacts
Rich Rollins
Property Overview
BRIGHT HORIZONS PRESCHOOL TRIPLE NET LEASE IN PRIME SILICON VALLEY LOCATION ACROSS FROM GOOGLE HQ.
LONG TERM TRIPLE NET LEASE WITH PUBLICLY TRADED, NATIONAL TENANT, NYSE :(BFAM), THE NATION'S LARGEST OPERATOR OF QUALITY DAY CARE FACILITIES, WITH OVER 1000 FACILITIES IN U.S. AND OVERSEAS.
3% ANNUAL INCREASES JAN.1ST OF EACH YEAR, SECURE INVESTMENT OPPORTUNITY, INITIAL 10 YEAR LEASE TERM TO 12/31/2032, WITH (3) 5 YEAR OPTIONS.
SELLER WILL FINANCE UP TO $1,000,000. CONTACT L/A FOR DETAILS AND TERMS
PRIVATE TOURS STRICTLY BY APPOINTMENT, DO NOT DISTURB SCHOOL OPERATION...
LONG TERM TRIPLE NET LEASE WITH PUBLICLY TRADED, NATIONAL TENANT, NYSE :(BFAM), THE NATION'S LARGEST OPERATOR OF QUALITY DAY CARE FACILITIES, WITH OVER 1000 FACILITIES IN U.S. AND OVERSEAS.
3% ANNUAL INCREASES JAN.1ST OF EACH YEAR, SECURE INVESTMENT OPPORTUNITY, INITIAL 10 YEAR LEASE TERM TO 12/31/2032, WITH (3) 5 YEAR OPTIONS.
SELLER WILL FINANCE UP TO $1,000,000. CONTACT L/A FOR DETAILS AND TERMS
PRIVATE TOURS STRICTLY BY APPOINTMENT, DO NOT DISTURB SCHOOL OPERATION...
Property Details
- Class
- C
- Year Built
- 2004
- Stories
- 1
- Property Subtype
- School
- Lot Size (sq. ft)
- 15,246 SF
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