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. Tours strictly by advance appointment, do not disturb childcare operation!! SELLER WILLING TO CARRY UP TO $1,000,000. PLEASE CONTACT AGENT FOR DETAILS AND TERMS
MLS #
ML81971590
MLS Source
MLSListings, Inc.
Days on Site
78
Parking Spaces
20
Present Use
Other
Utilities
Public Utilities, Water - Public
Cooling
Central Forced Air
Heating
Forced Air
Roof
Tar/Gravel
Foundation
Slab
Sewer
Public Sewer
Water
Public
Zoning
GM
991 Commercial St is a Commercial Sale in Palo Alto, CA 94303. This 4,700 square foot property sits on a 0.35 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,400,000 and was built in 2004.
This address can also be written as 991 Commercial St, Palo Alto, CA 94303.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of September 16, 2024. For the most current information, please contact Richard Rollins, (650) 327-0375