991 Commercial Street

Palo Alto, CA 94303

About this property

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!!

About this property

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!!

Features and Additional Information

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$5,400,000 Active
4,700 SQFT

Presented By Ann Marie Hammond

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Get in touch today! Phone: 1-760-403-5219
License #01161667
Brokerage
Rollins Realty 650-327-0375
1-650-327-0375
Listed By Richard Rollins
Brokerage: Rollins Realty 650-327-0375

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It's free and no obligation

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Ann Marie Hammond