Christie's International Real Estate - Sereno
Kendra Gaeta, Christie's International Real Estate - SerenoPhone: (408) 728-0537
Email: [email protected]
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CommercialFor Sale
$5,400,000
991 Commercial St
Palo Alto, CA 94303
Listed by: Richard Rollins from Rollins Realty, 650-327-0375
MLS: MLSListings Inc.
4,700Sq Ft
Est. Mortgage
$27,974/mo

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. Tours strictly by advance appointment, do not disturb childcare operation!! SELLER WILLING TO CARRY UP TO $1,000,000. PLEASE CONTACT AGENT FOR DETAILS AND TERMS

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Based on information from the MLSListings MLS as of 09/16/2024 03:21 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Rollins Realty is subject to verification and is not guaranteed.
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