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Freestanding Restaurant Property
For Sale
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3470 El Camino Real, Palo Alto, CA 94306

For sale freestanding restaurant property currently occupied by a Mexican restaurant with established restaurant infrastructure.

Property SizeContact for details
Days on Market173

Property Features for 3470 El Camino Real

General Information

Standard status Active
Total Parking Spaces 11
Property subtype Retail
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1935
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Clemence Investment Group, Inc.
Listed By: Thomas Chang · License #01795580
Source: Crexi
Added: Mar 21 Changed: Aug 16 Last Checked: Sep 8 at 5:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clemence Investment Group, Inc.

Investment Insights

Based on property information with market context.

Clemence Investment Group, Inc. is pleased to offer a freestanding restaurant property for sale at 3470 El Camino Real, Palo Alto, CA 94306. The property is currently occupied by a Mexican restaurant and includes established restaurant infrastructure suitable for continued operation.

Please do not disturb the current tenant. Call or email Abby to request a tour, as the listing is confidential.

This offering presents an owner-user or investment opportunity centered on an operating restaurant asset in Palo Alto.

Key Highlights

  • Freestanding restaurant property at 3740/3760 El Camino Real, Palo Alto, CA
  • Currently occupied by a Mexican restaurant
  • Year built: 1935

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Plumbing Service Barber Shop (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94306, CA

28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale freestanding restaurant property currently occupied by a Mexican restaurant with established restaurant infrastructure.
Where is this conventional restaurant located?
The property is located at 3470 El Camino Real Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Freestanding restaurant property at 3740/3760 El Camino Real, Palo Alto, CA; Currently occupied by a Mexican restaurant; Year built: 1935
More about this property
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