*PRICE ADJUSTMENT* Located in the city of Mountain View CA, the heart of Silicon Valley, this 3-Acre parcel, subject to a ground lease, is the perfect opportunity for an investor. A total of 39,400 square feet of building sit on a 135,471 square foot lot as a portion of the San Antonio Center. The price for the leased fee interest in this prime 3.11-acre parcel is $6 million at $44 per square foot ($1.93M/AC) on the land. There is unlimited upside and potential for future use. At the end of the lease term, the owner shall assume all income, leases, and responsibilities related to the tenants on the given parcel. Once the lease expires, there’s great potential to capitalize long-term on land value appreciation at this heavily discounted rate. Federal Realty Investment Trust (NYSE: FRT) is currently the leaseholder and manager of the whole center, with 32 years left on the lease. Tenants currently residing on the parcel include 24 Hour Fitness, Sola Salon, and Trader Joe’s. Federal Realty manages assets totaling approximately $11 billion. This figure includes its extensive portfolio of retail and mixed-use properties across major metropolitan areas.