Sold Retail Property in Santa Clara County – 2051 El Camino Real,

Palo Alto, CA 94306 8/10

 2051 El Camino Real, Palo Alto, CA 94306
Sale information

Sale Status: Sold
Sale Date: 06/28/2013
Sale Price: $3,800,000 ($582.02/SF)
Cap Rate: 2.65% (At Time Of Sale)
Listing Price: $4,100,000
Estimated days on LoopNet Marketplace: 244

Property Details

Property Type: Office
Property Sub-type: Office Building
Building Size: 6,529 SF
Lot Size: 0.11 Acres
APN / Parcel ID:124-31-021

Property Description
Marcus & Millichap and Cassidy Turley are pleased to bring to market the Oak Shadows property located at 2051 El Camino Real in Palo Alto California. The subject property is approximately 6,529 square feet of mixed-use (retail/office/apartment) fronting El Camino Real. Secured parking is accessed via a gated entrance on El Camino Real. Currently the property is divided into four suites of varying square footage. Ground Floor Retail: 511 Square Feet Second Floor Office:1,192 Square Feet Second Floor Residential: 1,112 Square Feet – 3 bedroom/2 bath BMR Third Floor Penthouse: 1,407 Square Feet – 2 bedroom/2 bathroom