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Commercial Real Estate Services
Let an experienced professional help you locate a commercial investment. Depending on the level of risk you want, I can help find the type of investment that suits your specific needs.

 
 


Michael's *

Mountain View, CA


Ownership:  
Min. enquity: $7,175,000
CAP rate: 7.15%


* = This is not a 'Commercial Space Finder' listing, but we can represent you as your broker. Please contact us regarding this or any other property. 'Commercial Space Finder' will represent you locally, nationally or internationally.


Subject Property is nestled between multiple destination locations, IE- Charleston Plaza (100,000 plus square foot community center and Rengstroff Center (200,000 plus square foot community center)
    Located just off the Bayshore Freeway (101) Rengstorff Avenue off ramp
  • Completely renovated in 2007-Little to no maintenance
  • 8.5 years remaining on the lease and (3) five-year options with 10% rental increases
  • 10% rental increase in 3 years (11/1/2012) increasing Cash on Cash return to 8.30 percent!
  • 0.6 percent increase in total sales from first quarter of 2009 in relation to 1st quarter of 2008 (Company-Wide)
  • Below market debt must be assumed
  • NNN lease with landlord responsible for structure only

If you wish to learn more about our 1031 Exchange program, please contact us at 1-800-743-MOVE, or fill out the form below:

 * = required


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