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124-126 Castro - Restaurant Building 124-126 Castro St 5,203 SF 100% Leased Retail Building Mountain View, CA 94041 $7,885,000 ($1,515.47/SF) 4.50% Cap Rate
Executive Summary
Prime Downtown Mountain View Leased Investment in the Pedestrian area of Castro Street. Two restaurant units. Oldest Commercial Building in Mountain View fully renovated in 2009. Public parking garage immediately behind the property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
5,203 SF
Building Class
C
Year Built
1874
Price
$7,885,000
Price Per SF
$1,515.47
Cap Rate
4.50%
NOI
$354,755
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.12 AC
Zoning
P19
Frontage
50’ on Castro St
Amenities
- Signage
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 158-15-038 | Improvements Assessment | $1,262,001 |
| Land Assessment | $1,845,853 | Total Assessment | $3,107,854 |
Property Taxes
Parcel Number
158-15-038
Land Assessment
$1,845,853
Improvements Assessment
$1,262,001
Total Assessment
$3,107,854
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124-126 Castro - Restaurant Building | 124-126 Castro St
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