401 Main St
Los Altos, CA 94022

Marcus & Millichap is pleased to present for sale a Pride of Ownership opportunity in core Downtown Los Altos, CA. The Subject Property is located at 401 Main Street, Gateway corner of Main and First streets. This offering presents a highly rare Generational Opportunity for investors and developers to acquire a prime location in the #1 richest town in the Nation. Currently, the Property is operated as a Chevron Gas Station on a NNN basis at $12,950/month thru May 2020 with additional 2-Five year options. Annual 2.5%/CPI rental increases add to this attractive opportunity for investors to increase their annual return. The property is zoned "CRS- Commercial Retail Sales", with "Downtown Commercial" land use designation. DISCLAIMER: The information provided herein has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.