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3886-3898 El Camino Real 8,253 SF 100% Leased Retail Building Palo Alto, CA 94306 $11,628,000 CAD ($1,408.94 CAD/SF)
Executive Summary
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire the fully-leased retail building located at 3886-3898 El Camino Real, Palo Alto. This high-visibility property is situated at a traffic light that sees over 47,000 vehicles per day. All five suites are occupied under triple net leases, with the shortest lease expiring in 2029. The easy accessibility via car and on-site parking make this a bustling retail center. 3886-3898 El Camino Real presents a unique opportunity to purchase a fully-leased Palo Alto retail building in a high-visibility location.
Address: 3886-3898 El Camino Real, Palo Alto, CA 94306
APN: 137-11-083
Building Size: ±8,080 Sq. Ft.
Parcel Size: ±13,939 Sq. Ft. / 0.32 Acre (Per Public Record)
Zoning: CN (Neighborhood Commercial)
Parking: 14 Spaces
Price: $8,500,000
Address: 3886-3898 El Camino Real, Palo Alto, CA 94306
APN: 137-11-083
Building Size: ±8,080 Sq. Ft.
Parcel Size: ±13,939 Sq. Ft. / 0.32 Acre (Per Public Record)
Zoning: CN (Neighborhood Commercial)
Parking: 14 Spaces
Price: $8,500,000
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,253 SF
Building Class
C
Year Built
1956
Price
$11,628,000 CAD
Price Per SF
$1,408.94 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.34 AC
Zoning
CN - Neighborhood Commercial
Parking
10 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
134’ on El Camino Real
Amenities
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 137-11-083 | Improvements Assessment | $3,309,192 CAD |
| Land Assessment | $2,147,265 CAD | Total Assessment | $5,456,457 CAD |
Property Taxes
Parcel Number
137-11-083
Land Assessment
$2,147,265 CAD
Improvements Assessment
$3,309,192 CAD
Total Assessment
$5,456,457 CAD
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3886-3898 El Camino Real
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