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Mattress Firm

2490 W El Camino Real, Mountain View, CA 94040

Listing Price: $5,990,000

Cap Rate
5.45%
Tenant Name
Mattress Firm
Years Remaining On Lease
8.7
Gross SF
4,863
Guarantor
Corporate Guarantee
Rentable SF
4,863
Price/Gross SF
$1,231.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.18

Investment Overview

Mattress Firm is the leading multi-branded mattress specialty retailer in the U.S., helping to make better sleep a reality by matching consumers to their perfect mattress through its highly trained team of Sleep Experts across its 2,200 retail locations and robust online operations.

Nestled between the Santa Cruz Mountains and San Francisco Bay, Mountain View is situated in the heart of Silicon Valley, roughly 10 miles north of San Jose and 35 miles south of San Francisco. The city is home to over 86,500 residents, several national and international businesses, and a thriving small business base.

Investment Highlights

  • 8+ Years Remaining on Triple-Net (NNN) Lease with Corporate Mattress Firm Guaranty
  • 10% Rental Increases Every Five Years with Multiple Renewal Options
  • Situated in the Heart of Silicon Valley, Surrounded by a Daytime Population of 467,300+ People in a Five-Mile Radius
  • Hard Corner Location at a Significant Retail Intersection - Neighboring Retailers Include Walmart, Target, Trader Joe's, Safeway, and Whole Foods Market
  • Excellent Visibility Along West El Camino Real and Showers Drive (50,000+ Cars per Day)

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s) CA: 01238010

    California

Financing By

Listing Price: $5,990,000

Cap Rate
5.45%
Tenant Name
Mattress Firm
Years Remaining On Lease
8.7
Gross SF
4,863
Guarantor
Corporate Guarantee
Rentable SF
4,863
Price/Gross SF
$1,231.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.18

Investment Highlights

  • 8+ Years Remaining on Triple-Net (NNN) Lease with Corporate Mattress Firm Guaranty
  • 10% Rental Increases Every Five Years with Multiple Renewal Options
  • Situated in the Heart of Silicon Valley, Surrounded by a Daytime Population of 467,300+ People in a Five-Mile Radius
  • Hard Corner Location at a Significant Retail Intersection - Neighboring Retailers Include Walmart, Target, Trader Joe's, Safeway, and Whole Foods Market
  • Excellent Visibility Along West El Camino Real and Showers Drive (50,000+ Cars per Day)

Investment Overview

Mattress Firm is the leading multi-branded mattress specialty retailer in the U.S., helping to make better sleep a reality by matching consumers to their perfect mattress through its highly trained team of Sleep Experts across its 2,200 retail locations and robust online operations. Nestled between the Santa Cruz Mountains and San Francisco Bay, Mountain View is situated in the heart of Silicon Valley, roughly 10 miles north of San Jose and 35 miles south of San Francisco. The city is home to over 86,500 residents, several national and international businesses, and a thriving small business base.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Vice President/District Manager

    (310) 909-5450

    License(s): CA: 01238010

    California

Financing By

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