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1898 W. El Camino Real (Wolf Camera), Mountain View, CA 94040
Price: $1,798,000 Prime location in Mountain View on El Camino Real & Escuela Ave. Major Cross Street: El Monte Ave. Surrounded by shopping strips/center. Long term tenant, Wolf Camera has been there since 1994, with 20 years lease and options. Tenants pays it all, NNN lease, rent increase 10% every 5 years. Drive through window, private parking lot with 17 parking spaces. Ritz Camera is the largest camera and photofinishing retailer. They operate a chain of 900 stores. The chain includes Ritz Camera, Wolf Camera, Kit's Camera, and PROEX photo.
Base monthly rent: $2.38 / SF Parcel#: 154-35-010 Lot Size: 19,166 SF / 0.439 AC Building Size: 3,300 SF Year Build: 1990 Zoning: CRA The zoning allows for future uses like restaurant, medical, retail, and financial services. Annual Rent income: $94,380 till 4/30/09 $103,818 till 4/30/2014 2 x 5 years option: First Renewal Min. Rent: $114,200 Second Renewal Min. Rent: $124,620
- MLS:
- Type: Commercial
- Sold Date: 10/24/2008
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All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.
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