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    2496 W El Camino Real Mountain View, CA 94040

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    For Sale
    $5,990,000

    NNN lease with corporate guaranty in the heart of Silicon Valley.

    Property size:
    4,863 SF
    Lot size:
    0.33 Acres

    Property Features for 2496 W El Camino Real

    General Information

    Size
    4,863 SF
    Lot size
    0.33 Acres

    Source: Marcus & Millichap | Phoenix Agent Spencer Berkley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Silicon Valley

    This retail property features a triple-net (NNN) lease with over eight years remaining, guaranteed by Mattress Firm. The lease includes 10% rental increases every five years and multiple renewal options. Situated in the heart of Silicon Valley, the location benefits from a daytime population of over 467,300 people within a five-mile radius. It occupies a hard corner location at a significant retail intersection, neighboring retailers including Walmart, Target, Trader Joe's, Safeway, and Whole Foods Market. The property has a size of 4,863 square feet.
    Location Intelligence

    Current Use by Public Records

    Mattress Firm Los ... Mattress Store BSD Mobile Windshield ... Auto Repair Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flowers Delivery in Mountain View CA / Same Day Delivery Flowers, Envy Flower Delivery - Mountain View CA

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.110044
    Latitude
    37.399773

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    FAQs

    What type of property is this?
    Storefront property - NNN lease with corporate guaranty in the heart of Silicon Valley.
    Where is this storefront property located?
    The property is located at 2496 W El Camino Real Mountain View, CA.
    What is the asking price?
    The asking price for this property is $5,990,000.
    What are key features of this property?
    This property features: - Corporate Mattress Firm Guaranty on a Triple-Net (NNN) Lease; - Over 8 Years Remaining on Lease; - 10% Rental Increases Every Five Years
    (602) 687-6700
    Request Owner's contact information
    2496 W El Camino Real Mountain View, CA 94040
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    Mountain View, CA 94040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2496 W El Camino Real Mountain View, CA 94040
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