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Drug Store

CVS Pharmacy

2701 Middlefield Rd, Palo Alto, CA 94306

Listing Price: Request For Offer

Tenant Name
CVS Pharmacy
Years Remaining On Lease
5.2
Gross SF
12,040
Guarantor
Corporate Guarantee
Rentable SF
12,040
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.45

Investment Overview

Marcus & Millichap is pleased to present 2701 Middlefield Road, a 30,050 SF site currently in use for retail leased by CVS Pharmacy. The site is set in Midtown Palo Alto, near the intersection of Middlefield Road and California Avenue, just three blocks away from Oregon Expressway. The expressway flows directly through Palo Alto from Highway 101 to Interstate 280 making it a main road for both commuters and residents. Last reported, the intersection of Oregon Expressway and Middlefield Road had a traffic count of over 27,000 vehicles per day.

Investment Highlights

  • Pride of Ownership - Triple Net Investment located in the Heart of Silicon Valley
  • Corporate Backed Triple Net Lease
  • Signalized Intersection on Middlefield Road

Exclusively Listed By

Listing Price: Request For Offer

Tenant Name
CVS Pharmacy
Years Remaining On Lease
5.2
Gross SF
12,040
Guarantor
Corporate Guarantee
Rentable SF
12,040
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.45

Investment Highlights

  • Pride of Ownership - Triple Net Investment located in the Heart of Silicon Valley
  • Corporate Backed Triple Net Lease
  • Signalized Intersection on Middlefield Road

Investment Overview

Marcus & Millichap is pleased to present 2701 Middlefield Road, a 30,050 SF site currently in use for retail leased by CVS Pharmacy. The site is set in Midtown Palo Alto, near the intersection of Middlefield Road and California Avenue, just three blocks away from Oregon Expressway. The expressway flows directly through Palo Alto from Highway 101 to Interstate 280 making it a main road for both commuters and residents. Last reported, the intersection of Oregon Expressway and Middlefield Road had a traffic count of over 27,000 vehicles per day.

Exclusively Listed By

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