1001 El Camino Real
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1001 El Camino Real
4,905 SF 100% Leased Retail Building Menlo Park, CA 94025 $3,832,000 ($781/SF)
Investment Highlights
- Seller financing at 4%
- National Tenant on Secure Long Term NNN Lease
- Secure Income from Triple Net Lease (NNN)
- Top Location on El Camino Corner
Executive Summary
JUST LISTED | Mountain Mike’s Pizza 1001 El Camino Real | Menlo Park, CA Units: 4 Residential + 1 Commercial Retail Building Size: 4,905 SF | Lot Size: 2,884 SF Exceptional Menlo Park Investment Opportunity - Investors have the opportunity to acquire a rare mixed-use asset in one of the most dynamic and desirable locations on the Peninsula. Located Near Multiple Highly Renowned Educational Institutions Including Stanford University, Menlo College, Sacred Heart Prep, and Menlo-Atherton High School. Desirable Unit Mix - The subject property offers beautifully designed studio and one-bedroom floor plans with a NNN commercial retail space. Walker's Paradise - Located in the heart of Downtown Menlo Park and near Stanford Shopping Center an open-air shopping mall spans 1.4 million square feet and features high-end retailers including Neiman Marcus, Bloomingdale’s and Apple Excellent Transportation Corridors - 1001 El Camino Real offers tenants and residents easy access to Menlo Park Caltrain Station (the oldest train station in the Bay Area) Abundant Street Parking - Tenants, residents and guests enjoy convenient parking directly in front of the subject property along El Camino Real and the backside of the property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,905 SF
Building Class
C
Year Built
1923
Price
$3,832,000
Price Per SF
$781
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.07 AC
Zoning
CL00C3
Frontage
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 071-287-080 | Improvements Assessment | $585,646 |
Land Assessment | $3,318,667 | Total Assessment | $3,904,313 |
PROPERTY TAXES
Parcel Number
071-287-080
Land Assessment
$3,318,667
Improvements Assessment
$585,646
Total Assessment
$3,904,313
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1001 El Camino Real
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