1001 Rengstorff AveMountain View, CA 94043

Property Details for 1001 Rengstorff Ave

Year built

1985

Lot size

0.72 AC

Property size (Sq ft)

12,853 SF

Property type

Office properties

Description

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.

Location Insight

City

Mountain View

County

Santa Clara

State

California

Latitude

37.4193

Longitude

-122.093

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