2700 Middlefield Rd Palo Alto, CA 94306
- Retail properties
- 10,323 SF
- 0.74 lot acres
Current Use by Public Records
- Palo Alto Dental Wellness / Dentist
- Dr. Amrit Singh / Dentist
- Amrit Kaur Singh / Dentist
Property Details for 2700 Middlefield Rd
- Year built
- 1961
- Lot size
- 0.74 lot acres
- Property size
- 10,323 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 10,323-square-foot retail property situated on a 0.74-acre lot at 2700-2740 Middlefield Road in the heart of Midtown Palo Alto, California (94306). The single-story, 1961-built building boasts 100% occupancy with NNN leases, providing a strong and immediate cash flow. The staggered lease terms offer both stability and future rent upside potential. The property features 36 dedicated parking spaces, a significant advantage in this high-demand location. Its prime location in an affluent Palo Alto neighborhood ensures a robust retail market and historically low vacancy rates. Direct access to Highway 101 provides excellent accessibility. This well-maintained building represents a rare chance to acquire a stable, income-producing asset in one of California's most desirable markets. The property's strong tenant base and strategic location make it an ideal investment for those seeking a secure and appreciating asset in the thriving Palo Alto retail sector. The mixed-use nature of the building offers further potential for future development or repositioning.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palo Alto
- County
- Santa Clara
- State
- California
- Longitude
- -122.129
- Latitude
- 37.4331
