Mountain View, California, is a prime location for investing in office properties, with its strong economy driven by the high technology sector. Office properties in Mountain View offer a unique opportunity for investors to capitalize on the city's growing demand for commercial space. As a hub for tech companies, including Google and Alphabet Inc., Mountain View has a high concentration of businesses that require office space, making it an attractive location for investors. The city's excellent infrastructure, including the Downtown Mountain View Station and the Caltrain commuter rail system, provides easy access to public transportation, making it an ideal location for businesses and employees alike. Additionally, Mountain View's highly educated workforce, with nearby institutions like Foothill College and Khan Lab School, provides a talented pool of employees for businesses to draw from. With its Mediterranean climate and scenic views of the Santa Cruz Mountains, Mountain View is also an attractive location for businesses and employees who value a high quality of life. The city's many amenities, including the Mountain View Public Library and Shoreline Regional Park, also make it an excellent location for businesses and employees who value a strong sense of community.
Currently, there are 18 office properties for sale in Mountain View, offering a range of options for investors. The average price per square foot for office properties in Mountain View is $938 USD, with an average size of 5,791 square feet. The largest office property available for sale is 26,000 square feet. In addition to office properties, Mountain View also offers a range of other commercial properties, including commercial real estate, apartment buildings, shopping centers, and hotels. For example, commercial real estate in Mountain View offers a range of options for businesses, from small office spaces to large industrial facilities. Apartment buildings in Mountain View provide a range of housing options for residents, from luxury apartments to affordable housing. Shopping centers in Mountain View offer a range of retail options, from small boutiques to large chain stores. Hotels in Mountain View provide a range of accommodations for visitors, from budget-friendly options to luxury hotels. Overall, Mountain View offers a range of commercial properties that cater to the needs of businesses and residents alike.
What is the average price per square foot for office properties in Mountain View?
The average price per square foot for office properties in Mountain View is $938 USD per square foot, with 18 available listings ranging in size from 5,791 square feet to 26,000 square feet, offering a diverse range of options for businesses and investors alike.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Mountain View, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, often attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional space with average amenities and are generally located in decent areas, appealing to a broader range of tenants and providing a balance between quality and affordability.
- Class C office properties are often older buildings with limited amenities, located in less desirable areas, and may require renovation or upgrading, making them more suitable for budget-conscious tenants or investors seeking a value-add opportunity.
