World Savings Plaza offers a 1,320 square foot single-inline retail or office suite available for lease. This exceptional space is situated in a high-traffic location, conveniently located near the intersection of El Camino Real. The property boasts a strong tenant mix, anchored by established businesses such as CVS and Wells Fargo Bank. This ensures a consistent flow of foot traffic and a vibrant atmosphere for your business. Adding to the already impressive tenant lineup, a new anchor tenant, Movement gym, is slated to open in early 2025. This state-of-the-art fitness center will offer bouldering, yoga, and a full range of fitness facilities, further enhancing the property's appeal and drawing in a diverse clientele. The property's APN is 148-16-016. The building is classified as having multiple tenancies, and the suite is suitable for a variety of uses, including traditional office space and quick-service restaurants. This presents a unique opportunity for businesses seeking high visibility and a strong location to establish or expand their operations. The property's strategic location and the addition of a major fitness center make this an exceptional investment opportunity. Don't miss out on this chance to secure a prime space in a thriving commercial center. Inquire today to learn more about leasing options and availability.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,994,881
6.5%
$3,687,582
7%
$3,424,184
Comparable approach
Method
Valuation
Relative Method
$5,339,496
Geo Method
$3,074,983
Alternative Use
Use
Valuation
Residential
$3,110,614
Hospitality
$2,849,306
Educational
$2,370,589
Medical
$2,452,117
Retail
$3,687,582
Location Insight
City
Mountain View
County
Santa Clara
State
California
Latitude
37.4026
Longitude
-122.114
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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