Owner/User/Investor Premier Medical Office | Mountain View, CA

Highlights:

• Owner/User/Investor premier medical office available in Silicon Valley. Property can be delivered as-is with tenant in place or vacant with lease buyout opportunity.
• The lease is corporately guaranteed by DaVita Healthcare Partners, Inc., and subleased to Satellite Healthcare.
• There are six (6.7) years remaining on the lease term, with 10% rental increases every five (5) years.
• The leasehold lease structure is double net (NN), with minimal landlord responsibilities. See page 9 for details.
• There are 368,211 residents located in the five (5) mile demographic ring, and over 10,000 households in the one (1) mile demographic ring.
• The average household income in the three (3) mile demographic ring is an affluent $241,276, which is far higher than the California state average of $113,468.
• The subject property has strong frontage on El Camino Real, which reports high traffic counts of 52,500 cars per day.
• The subject property is located in a medical corridor with eight (8) hospitals, medical centers, and clinics within one (1) mile, implying a strong, built-in customer base.
• Mountain View is renowned for being the headquarters of several high-profile technology companies, including Google, which occupies a large portion of the city. Many other prominent tech firms have a presence in the area, contributing to a vibrant entrepreneurial ecosystem.

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