2701 Middlefield Rd | Palo Alto, CA 94306
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- LoopNet Team
2701 Middlefield Rd
Palo Alto, CA 94306
CVS Pharmacy | Corporate Backed NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate backed NNN lease
- Centered in the dense retail nook of Midtown, Palo Alto
- Site is a community gathering point, as well as a break stop for commuters
- Signalized intersection on Middlefield Road
- Middlefield Road has a traffic count of 27,000 vehicles per day last reported
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,040 SF
Building Class
B
Year Built
1954
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.69 AC
Zoning
C2 - Neighborhood Commercial
Parking
60 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,340,244 | |
| Land Assessment | $6,126,579 | Total Assessment | $11,466,823 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,126,579
Improvements Assessment
$5,340,244
Total Assessment
$11,466,823
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