In-N-Out Burger with 2 Vacant Offices
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In-N-Out Burger with 2 Vacant Offices
3 Properties in Mountain View, CA
Investment Highlights
- In-N-Out Burger's lease expires in March 2026 and has one (1) five (5) year option at Fair Market Value
- Potential to redevelop the entire site to an alternative commercial use
- Located at the signalized intersection of W. El Camino Real and Grant Road with traffic counts exceeding 85,500 cars per day
- Investor has the opportunity to purchase the properties and potentially renegotiate a new lease with In-N-Out Burger at their lease expiration
- Fee Simple ownership of both Land and Building allows for maximum depreciation which would enhance an investor's after-tax cash flow
- Average household income in a 1-mile radius exceeds $250,000+
Executive Summary
CBRE, Inc. is excited to offer for sale a commercial portfolio consisting of a single-tenant In-N-Out Burger and two vacant office buildings in Mountain View, California, the epicenter of Silicon Valley. In-N-Out Burger has operated a successful drive-thru location at this site since 2001 and has two (2) years of remaining lease term and one (1) five (5) year option to extend at Fair Market Value. The two adjacent office buildings will be delivered vacant at the close of escrow to either an investor or owner user. The properties are located at one of the busiest intersections in Mountain View at the signalized intersection of W. El Camino Real and Grant Road with traffic counts exceeding 85,500 cars per day. This unique opportunity provides an investor a generational opportunity to purchase over 1 acre of land in Mountain View and reposition the property with In-N-Out Burger to optimize the drive thru and parking areas, or potentially redevelop the site in the future to a higher and better commercial use.
Property Facts
Sale Type | Investment or Owner User | Individually For Sale | 0 |
Status | Active | Total Building Size | 11,550 SF |
Number of Properties | 3 | Total Land Area | 1.04 AC |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 11,550 SF |
Total Land Area | 1.04 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
57 W El Camino Real, Mountain View, CA 94040 | Office | 2,050 SF | 1964 | - |
36 Oak Ln, Mountain View, CA 94040 | Office | 6,000 SF | 2001 | - |
In-N-Out
49 W El Camino Real, Mountain View, CA 94040 |
Retail | 3,500 SF | 2002 | - |
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In-N-Out Burger with 2 Vacant Offices
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