200 Blossom Ln 8,620 SF 100% Leased Office Building Mountain View, CA 94041 $4,325,000 ($501.74/SF) 7.05% Cap Rate

Marcus and Millichap is pleased to present the opportunity to acquire this 7,949 square foot commercial building located in Downtown Mountain View. The property is elevator served and features 4 floors including a lower level. The upper-level suites feature open plans and exposed ceilings with plenty of natural light. Zoning permits a variety of uses including office, medical, retail and residential (on upper floors with a use permit).
The location is in front of city lot 5 and is walking distance to Restaurants and amenities on Castro Street accessible via a pass through from the lot or Blossom Lane. Caltrain is accessible via the nearby Mountain View Transit center and there is easy access to highway 101, 85 and 237. Long-term permit parking is available in numerous city lots with lot 9 directly across the street on Hope Street.
The property features market ready suites with small floorplates increasing the pool of potential tenants in a broad range of industries who may be looking to attract talented employees desiring an amenity rich environment like Castro Street. The property is ideal for an investor who can add value through lease up or an owner/occupant looking to control their cost of occupancy or reduce it by leasing excess space and preserving options for future growth if needed.
Call Bill Allen for more information