991 Commercial Street, Palo Alto, CA 94303
-
Listed Price :
$5,400,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
2004
Property Description
Bright Horizons at Palo Alto Shoreline across 101 from Google HQ in Prime Silicon Valley location. 5% CAP RATE, Excellent, secure long term investment opportunity Triple Net long term lease to Bright Horizons Preschool, the nations largest provider of daycare facilities with over 1000 childcare centers worldwide Publicly traded company NYSE (BFAM) Developed and operated for years by Wonder Years, owners sold the childcare business in 2023 to Bright Horizons, retaining the property and building ownership, with long term NNN leases to Bright Horizons. 2 other, larger , newer Bright Horizons facilities in Mt View also available as part of a 3 building Long Term NNN offering. do not disturb childcare operation!! SELLER WILLING TO CARRY UP TO $1,000,000.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
991 Commercial Street |
| City |
Palo Alto |
| State |
CA |
| Zip |
94303 |
| County |
Santa Clara |
| Listing Agent |
Richard Rollins DRE #00372659 |
| Courtesy Of |
Rollins Realty |
| List Price |
$5,400,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
15,246 |
| Year Built |
2004 |
Listing information courtesy of: Richard Rollins, Rollins Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 2:57 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
