991 Commercial St, PALO ALTO, CA

$5,400,000

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4,700

Square feet

0.35

Acres

About 991 Commercial St

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. do not disturb childcare operation!! SELLER WILLING TO CARRY UP TO $1,000,000.

Features of 991 Commercial St

MLS® # ML81971590
Price $5,400,000
Square Footage 4,700
Square Footage Other
Acres 0.35
Year Built 2004
Type Common Interest
Sub-Type Commercial Property
Status Active

Community Information

Address 991 Commercial St
Area South Palo Alto
City PALO ALTO
County Santa Clara
State CA
Zip Code 94303

Amenities

Utilities Public Utilities
Parking Spaces 20
Is Waterfront No

Interior

Heating Central Forced Air Heat
Cooling Central Air Conditioning
Fireplace No
# of Stories 1

Exterior

Roof Tar and Gravel Roof
Foundation Concrete Slab

Additional Information

Zoning GM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentRichard Rollins
OfficeRollins Realty
Contact Info650-327-0375

Listing Map

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