For Sale
$8,750,000

1001 Rengstorff AveMountain View, CA 94043

Prime Office Space, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 12,853 square foot executive office building, located at 1001 N Rengstorff Ave in Mountain View, CA 94043, presents a compelling investment opportunity. Built in 1985, this two-story building sits on a 0.719-acre lot and offers significant upside potential. Currently 46% occupied, the property boasts a strong anchor tenant on the first floor – a publicly traded company with excellent credit – generating $416,000 in annual gross rental income with eight years remaining on their lease. The second floor, comprising 6,909 square feet, is available for immediate occupancy by an owner-user or for lease to a new tenant. This presents an ideal scenario for securing an SBA loan with only a 10% down payment. The building features a sprinkler system and enjoys convenient access to Highway 101, enhancing its appeal and accessibility. This property offers a rare blend of immediate income generation and long-term growth potential in a highly desirable location within Santa Clara County. The building's solid foundation and established tenancy make it an attractive investment for both seasoned and emerging investors. Don't miss this chance to acquire a prime asset in the thriving Silicon Valley market.

Highlights

  • 12,853 SF executive office building in Mountain View, CA on a 0.71-acre lot.
  • Built in 1985, two-story building with 46% occupancy.
  • Strong anchor tenant (publicly traded company) provides $416,000 annual gross income with 8 years remaining on lease.
  • 6,909 SF of second-floor space available for immediate occupancy.
  • Highway 101 access and sprinkler system.

Property Details for 1001 Rengstorff Ave

Property type
Office properties
Square Feet
12,853 SF
Year Built
1985
Stories
2
Lot Size (sq. ft)
31,320 SF

Location Insight

City
Mountain View
County
Santa Clara
State
California
Latitude
37.419281
Longitude
-122.09285
1001 Rengstorff Ave, Mountain View, California

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1001 Rengstorff Ave
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