Single Tenant NNN Leased Investment | 643 Emerson St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Single Tenant NNN Leased Investment 643 Emerson St
5,590 SF Retail Building Palo Alto, CA 94301 $9,333,285 CAD ($1,669.64 CAD/SF) 4.80% Cap Rate
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,590 SF
Building Class
C
Year Built
1947
Price
$9,333,285 CAD
Price Per SF
$1,669.64 CAD
Cap Rate
4.80%
NOI
$447,830 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.09 AC
Zoning
CD-C(GF)(P) - CD-C(GF)(P):
Retail, Restaurant. Trade school, church, studio, classes, school, business office*, medical office*, club, day care. (see below)
Walk Score®
Walker's Paradise (98)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 120-27-020 | Improvements Assessment | $535,455 CAD |
| Land Assessment | $279,829 CAD | Total Assessment | $815,284 CAD |
PROPERTY TAXES
Parcel Number
120-27-020
Land Assessment
$279,829 CAD
Improvements Assessment
$535,455 CAD
Total Assessment
$815,284 CAD
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Single Tenant NNN Leased Investment | 643 Emerson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.