643 Emerson St - Restaurant FOR SALE


Palo Alto, CA 94301- Downtown Palo Alto
$6,500,000 USD
415-559-5557
643 Emerson St, Palo Alto, CA for Sale
$6,500,000 USD
Restaurant - FOR SALE
1/6
null | 4.8% Cap Rate

643 Emerson St
Palo Alto, CA 94301
Downtown Palo Alto


OVERVIEW

Single Tenant NNN Leased Investment Current asking sale price = $6,500,000 $311,882.99 Annually / $25,990.25 Monthly / 5,600 sf = $4.65/sf NNN. Current cams = $2,400 / month / 5,600 sf = $0.43/sf/month. Did you know that the Nobu hotel across the street was the most valuable hotel purchase on a price per room in the entire Bay Area history? Their rooms go for $500/night+++ https://paloalto.nobuhotels.com/?utm_source=google-gbp&utm_medium=organic&utm_campaign=gbp 400 amps. Please do not disturb existing tenant or employees with any questions about the property or the listing.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Single Tenant NNN Leased Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Day Care Center, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CD-C(GF)(P)

APN/PARCEL ID

120-27-020

ASK ABOUT THIS PROPERTY

Anne WilburWilbur PropertiesMore Info
415-559-5557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Anne WilburWilbur PropertiesMore Info
415-559-5557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.