2540 El Camino RealMountain View, CA 94043

  • Retail properties
  • 7,148 SF
For Lease

Property Details for 2540 El Camino Real

Year built
1995
Construction
WOOD
Lot size
0.35 AC
Property size (Sq ft)
7,148 SF
Zone code
P(9)
Property type
Retail properties
Property subtype
Super regional malls
APN
148-21-006
APU
14821006

Description

This exceptional 7,195 square foot retail space is ideally situated on West El Camino Real in Santa Clara County. Currently vacant and available for lease, this single-tenant property presents a unique opportunity for a variety of businesses. The expansive footprint offers significant flexibility for layout and design, catering to a wide range of retail or restaurant concepts. The property's prominent location on El Camino Real ensures high visibility and accessibility, benefiting from substantial foot traffic and convenient access for customers. This prime commercial space is perfect for businesses seeking a strong presence in a thriving area. The building's total square footage matches the vacant square footage, indicating a completely available space ready for immediate occupancy. The property is classified as both retail and restaurant-suitable, offering versatility for potential tenants. Its single-tenant occupancy ensures exclusive use and control of the entire space. This presents a rare opportunity to establish a flagship location or expand an existing business in a high-demand market. The property's size and location make it an attractive investment for businesses seeking to capitalize on the strong economic activity and high population density of Santa Clara County. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is ready for immediate lease and offers a blank canvas for a discerning tenant to create their ideal business environment. This is a truly exceptional opportunity to secure a prime retail or restaurant space in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,526,950
    6.5%
    $6,024,878
    7%
    $5,594,529
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,723,821
    Geo Method
    $5,023,994
  • Alternative Use

    Use
    Valuation
    Residential
    $5,082,210
    Hospitality
    $4,655,276
    Educational
    $3,873,136
    Medical
    $4,006,338
    Retail
    $6,024,878
2540 El Camino Real, Mountain View, California

Location Insight

City
Mountain View
County
Santa Clara
State
California
Latitude
37.4004
Longitude
-122.111
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$54,621
$1,074,593
$3,638,538
$4,713,131
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FAQs

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