For Sale: 1172 & 1174 Castro St. Mountain View, CA
Offering Overview
CBRE, as exclusive advisor, is pleased to present this outstanding opportunity to acquire the leasehold interest in 1172 & 1174 Castro Street, known as Castro Commons (the “Property”), an office complex consisting of two, two-story office/medical buildings with a secured underground parking garage. This high quality asset is located in Mountain View, California, and is situated directly adjacent to the Downtown/Castro Street core, one of the most highly sought after and dynamic submarkets in Silicon Valley.
The offering is being made un-priced and on an “as is, where-is” basis.
Property Overview
- 1172 Castro St.: 14,237 SF
- 1174 Castro St.: 28,495 SF
- Total Rentable Area: 42,732 SF
- Occupancy: 96%
- Year Built: 1993
- Parking: 4.4 per 1000 (140 surface space, 49 under-ground spaces)
- Walking distance to downtown Mountain View and the Downtown Mountain View CalTrain/VTA Station
Ground Lease Overview
- Term: October 29, 1992 – December 31, 2052
- Options: Two (2), Ten (10) Year options to renew
Call to Tour – Please Do Not Disturb Tenants
Confidentiality Agreement Principal
Confidentiality Agreement Broker
For more information and to electronically executed the CA, please visit our website at
https://www.cbremarketplace.com/castrocommons/
Investment Properties Group
Scott J. Prosser, SIOR
Executive Vice President
Lic. 01104754
+1 408-453-7454
scott.prosser@cbre.com
Burke Weismann
Senior Vice President
Lic. 00599273
+1 408-453-7492
burke.weismann@cbre.com
Jack DePuy
Senior Associate
Lic. 01796176
+1 408-453-7466
jack.depuy@cbre.com
Local Market Leasing
Scott O’Brien
Vice President
Lic. 01339087
+1 650-320-0296
scott.obrien@dtz.com
Debt and Structured Finance
Mike Walker
Vice President
Lic. 01843658
+1 415-772-0278
michael.l.walker@cbre.com
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