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2051 El Camino Real 6,529 SF 100% Leased Office Building Palo Alto, CA 94306 $5,668,250 CAD ($868.17 CAD/SF) 4.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Rarely available, 2012 construction mixed-used property steps away from Stanford University in Palo Alto
- Well-maintained interiors allow for tech and professional service tenants
- ChargePoint electric car charging installed in private and gated garage
- Approx. 60 feet of frontage on El Camino Real – ideal for retail and office tenants
- Third floor residential penthouse unit provides for unique privacy and views
- Residential units equipped with AC and other modern amenities
EXECUTIVE SUMMARY
2012 construction mixed-used property steps away from Stanford University in Palo Alto. Approximately 60 feet of frontage on El Camino Real. Third floor residential penthouse unit provides for unique privacy and views. ChargePoint electric car charging installed in private and gated garage. Residential units equipped with AC and other modern amenities. CN (Commercial Neighborhood) zoning allows for most tenants. Office unit is vacant. Penthouse unit has approximately 1,000 SF of patio space with views.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,529 SF
Building Class
B
Year Built
2012
Price
$5,668,250 CAD
Price Per SF
$868.17 CAD
Cap Rate
4.60%
NOI
$260,611 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Slab To Slab
10’
Building FAR
1.36
Lot Size
0.11 AC
Zoning
CN - Commercial Neighborhood
Parking
7 Spaces (1.07 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Mixed-use configuration (retail / office / residential)
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 1,260 SF | Office | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 1,260 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 1,260 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Mixed-use configuration (retail / office / residential)
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 124-31-021 | Improvements Assessment | $2,526,768 CAD |
| Land Assessment | $2,175,828 CAD | Total Assessment | $4,702,596 CAD |
PROPERTY TAXES
Parcel Number
124-31-021
Land Assessment
$2,175,828 CAD
Improvements Assessment
$2,526,768 CAD
Total Assessment
$4,702,596 CAD
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2051 El Camino Real
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