Thursday, June 12, 2008

Palo Alto Office Building For Sale 6.1% Cap Rate

This is a great opportunity to own your own office building in Palo Alto. The building is fully occupied by one tenant who then subleases about half of the property to another tenant. Great location on San Antonio within striking distance of Google, Yahoo or your favorite medical device customer. Offered at a 6.11% cap rate for Palo Alto is an outstanding return. Then when the leases expire, this could be a great re-rent or owner user building. Very impressive exterior and signage too. Call us to set up a tour or for a fully financing look at this property. Offered at $4,728,000 for 8,758 square feet on a 19,046 lot.

4 comments:

Rùni Hove Hansen said...

How much does it cost?

Rùni Hove Hansen said...

What is the price for it?, maybe it's possible to talk about it.

Rùni Hove Hansen said...

What is the price for it?

Mario Pinedo, CCIM said...

Runi,

this is a very good opportunity in hot Palo Alto. Give me a call or email me for more info. I have a full marketing package on it.