999 El Camino RealSunnyvale, CA 94087

  • Retail properties
  • 4,878 SF
For Lease
$42/SF/YR View listing

Property Details for 999 El Camino Real

Year built
1949
Construction
WOOD
Lot size
0.33 AC
Property size (Sq ft)
4,878 SF
Zone code
C2
Property type
Retail properties
Property subtype
Retail space
APN
213-45-030
APU
21345030

Description

This exceptional retail opportunity is located at 999 E El Camino Real in Santa Clara County, California. The property boasts a total building size of 4,878 square feet, currently entirely vacant and ready for immediate occupancy. The single-tenant building sits on a 0.34-acre lot, providing ample space and visibility. Constructed in 1949, the building presents a chance to renovate and customize a space to perfectly suit your business needs. Its location on El Camino Real, with a cross street of Poplar, ensures high traffic and excellent exposure to potential customers. The property's classification as commercial retail makes it ideal for a wide range of businesses seeking a prominent location in a thriving area of Santa Clara County. The entire 4,878 square feet is available for lease, offering a significant opportunity for a business seeking substantial space. This property is perfect for a business looking to establish a strong presence in a high-traffic area with excellent visibility. The 0.34-acre lot offers potential for expansion or outdoor amenities, depending on the tenant's needs. The 1949 construction date presents an opportunity for a complete modernization and branding to reflect a contemporary business image. This is a rare opportunity to secure a significant retail space in a desirable location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,475,062
    6.5%
    $3,207,750
    7%
    $2,978,625
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,428,518
    Geo Method
    $3,428,518
  • Alternative Use

    Use
    Valuation
    Residential
    $2,705,857
    Hospitality
    $2,478,550
    Educational
    $2,062,125
    Medical
    $2,133,044
    Retail
    $3,207,750
999 El Camino Real, Sunnyvale, California

Location Insight

City
Sunnyvale
County
Santa Clara
State
California
Latitude
37.3525
Longitude
-122.008
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
$6,155
$259,981
$247,793
$507,774
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-
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FAQs

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