DOWNTOWN MOUNTAIN VIEW CA - LoopNet

Retail Investment Opportunity

DOWNTOWN MOUNTAIN VIEW | CA

JESSE MIL L M A N | 408.982.8459 jmillman@

CA RE License #0173474

855-867 W. EL CAMINO REAL

SH AW N K EL L ENBERGER | 408.987.4170 shawnk@

CA RE License #01706215

OFFERING SUMMARY

Newmark Knight Frank, as exclusive advisor, is pleased to present the opportunity to acquire 855-867 W. El Camino Real (the "Property"), a ?2,700 square foot retail investment opportunity in Downtown Mountain View, California. This fully leased investment provides a buyer the opportunity to own a prestigious property with in-place income in one of the strongest markets in Silicon Valley. In addition, this is also a one of a kind opportunity for an owner/user to buy a small building in a premier location.

Fully Leased (expiring tenants willing to extend)

Investment Highlights

Long-term occupancy of current tenants

Owner/User opportunity (75% potentially vacant in 2018)

Development potential

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Premier Downtown Mountain View location

APN 189-01-143 189-01-144

BUILDING 2,700 SF

LOT 7,125 SF

ZONING Planned Community El Camino Precise Plan Castro/Miramonte Area

JESSE MIL L M A N | 408.982.8459

SH AW N K EL L ENBERGER | 408.987.4170

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MARKET INFORMATION

ASKING RENT VS. VACANCY RATE

Asking Rent/SF Vacancy %

$4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00

2011

ASKING RENT LEVELS AND ANNUAL GROWTH

2012

2013

2014

Asking Rent/SF

2015 Vacancy %

2016

Rent Growth Y/Y Asking Rent Market Asking Rent

Rent Per SF

$ 4.05 $ 3.66 $ 3.27 $ 2.89 $ 2.50

2017

7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0%

10.0% 5.0% 0.0%

Annual Rent Growth

2 0 11

2012

2013

2014

2015

2016

2017

-5.0%

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FINANCIALS

RENT ROLL

TENANT NAME

MONTHLY RENT ANNUAL RENT

Shang Hai Taste Delight

$

3,800

$ 45,600

Cell Phone Repair CPR

$

2,430

$ 29,160

Liu Ling - Acupuncture

$

1,555

$ 18,664

Ann Tran Hair Salon

$

2,478

$ 29,736

Total

$

10,263

$ 123,160

DEPOSIT

LEASE START

LEASE EXPIRATION

$

2,000

05/01/1998

07/31/2018

$

2,500

08/01/2008

07/31/2018

$

870

06/01/2004

05/31/2018

$

1,000

01/20/1999

04/30/2020

$

6,300

NOI: Cap Rate: Price:

$123,160 4.56%

$2,699,000

JESSE MIL L M A N | 408.982.8459

SH AW N K EL L ENBERGER | 408.987.4170

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AMENITIES MAP

RESTAURANTS

RESTAURANTS

1. Tied House Chez TJ

2. Verde Tea Cafe 3. Little Sheep

Vaso Azzurro Xanh Oren's Hummus Shop Shell Shock 4. Asian Box Blue Line Pizza Bushido Droppio Zero 5. Amarin Thai Cuisine Agave Mexican Bistro 6. Olympus Caffe & Bakery Hong Kong Bistro Fu Lam Mum 7. Ephesus Eureka! 8. Bangkok Spoon 9. Fiesta Del Mar Too Verde Tea Kitchen 10. Alexander Patisserie Pokeworks Ristorante Don Giovanni 11. Drunken Lobster Shezan Pho Hoa 12. Kappo Nami Nami 13. Taqueria Los Charros Park Balluchi Srasa Kitchen 14. Steins Beer Garden Pho To Chau 15. Niji Sushi 16. La PanotiQ Bakery Cafe Cafe Baklava 17. Crepevine 18. Omelette House @ Ava's 19. Maru Ichi Shiva's Indian 20. Rumble Fish Sakoon Bierhaus 21. Cascal 22. Scratch

EL MONTE AVE

23. Casa Lupe The Grill Story Kirin

24. Bean Scene Cafe 25. Masa Sushi

Le Boulanger Mahalo Bowl The Phoenix Mediterranean Grill House 26. Starbucks Amici's East Coast Pizzeria 27. Morocco's 28. Chennai Kings 29. La Fiesta 30. Shalala 31. Sushi Tomi 32. Frankie Johnnie & Luigi Too 33. Peet's Coffee

SERVICES

1. Ava's Downtown Market & Deli

2. Bank of America 3. Wells Fargo Bank 4. Shell 5. CVS

HOTELS

1. SuiteAmerica 2. Americas Best Value Inn

RESTAURANTS

1. Tied House Chez TJ

2. Verde Tea Cafe 3. Little Sheep

Vaso Azzurro Xanh

PALO ALTO AVE MOUNTAIN VIEW AVE S SHORELINE BLVD

MARIPOSA AVE

VILLA ST

3

MERCY ST

CALIFORNIA ST

FRANKLIN ST

1

2

46

5

14 11

12

7 10 8

9

13

17

18

30

51

16 15

19

31

20

W

CENTRAL EXPY EVELYN AVE

29

21 22

2 23 24

W DANA ST

85

CASTRO ST HOPE ST

CALDERON AVE

3 4

25

2 28 32

26

1

27

33

EL CAMINO REAL

VIEW ST

CHURCH ST

SERVICES

8. Bangkok Spoon

18. Omelette House @ Ava's

27. Morocco's

1. Ava's Downtown Market & Deli

9. Fiesta Del Mar Too

19. Maru Ichi

28. Chennai Kings

2. Bank of America

J E S S E Verde Tea Kitchen M I L L M A NShiv|a's4In0di8an.982.8459 29. La S H A Fiesta W N K E L L E N B3. EWReGlls E R Fargo |Ba4nk08.987.4170

10. Alexander Patisserie

20. Rumble Fish

30. Shalala

4. Shell

Pokeworks

Sakoon

31. Sushi Tomi

5. CVS

Ristorante Don Giovanni

Bierhaus

32. Frankie Johnnie & Luigi Too

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