Accelerating success.

• ±16,006 square foot corner lot

• Four-bay car wash (two manual & two automatic)

• Zoned: Commercial Service (CS)

• Floor Area Ratio: .40

• Excellent signage and street exposure

• ±20,300 average cars per day at Old Middlefield Way and Rengstorff Avenue

• Population of ±25,082 within one mile

• Asking $4,290,000

FOR SALE2378 Old Middlefield Way | Mountain View, CA

Four-Bay Car Wash on ±16,006 SF Lot in the Heart of Mountain View, CA

±16,006 SF Corner Lot

Colliers International203 Redwood Shores Parkway

Suite 125Redwood City, CA 94065

Ryan Young+1 650 486 2229

ryan.young@colliers.comCA License No. 01947604

Steve Sabahi+1 650 931 2522

steve@petroleumrealtygroup.comCA License No. 01500291

±25,082 PopulationWithin One Mile

Excellent Signage& Street Exposure

CarWash

FOR SALE | 2378 Old Middlefield Way | Mountain View, CA

Accelerating success.

CONTACT:

colliers.com/sanfranciscopeninsula

Colliers International203 Redwood Shores ParkwaySuite 125Redwood City, CA 94065

Ryan Young+1 650 486 2229ryan.young@colliers.comCA License No. 01947604

Steve Sabahi+1 650 931 2522steve@petroleumrealtygroup.comCA License No. 01500291

PROPERTY PHOTOS

FOR SALE | 2378 Old Middlefield Way | Mountain View, CA

Accelerating success.

CONTACT:

colliers.com/sanfranciscopeninsula

Colliers International203 Redwood Shores ParkwaySuite 125Redwood City, CA 94065

Ryan Young+1 650 486 2229ryan.young@colliers.comCA License No. 01947604

Steve Sabahi+1 650 931 2522steve@petroleumrealtygroup.comCA License No. 01500291

LOCAL AMENITIES

2378 Old Middlefield Way

FOR SALE | 2378 Old Middlefield Way | Mountain View, CA

Accelerating success.

CONTACT:

Colliers International203 Redwood Shores ParkwaySuite 125Redwood City, CA 94065

Ryan Young+1 650 486 2229ryan.young@colliers.comCA License No. 01947604

Steve Sabahi+1 650 931 2522steve@petroleumrealtygroup.comCA License No. 01500291

DEMOGRAPHICSSubject Property

2243 Old Middlefield Way

DEMOGRAPHICS

10 Min. Drive10 Miles5 MilesPopulation 1 Mile 3 Miles

Population 111,492901,480315,40025,082 133,810

5 Yr Growth 1.9%3.4%3.2%4.6% 3.3%

Median Age 39383840 40

5 Yr Forecast 41403941 41

White / Black / Hispanic 57% / 2% / 16%54% / 3% / 20%58% / 3% / 18%56% / 2% / 19% 59% / 2% / 15%

5 Yr Forecast 54% / 2% / 16%51% / 3% / 20%55% / 3% / 18%52% / 2% / 18% 56% / 2% / 14%

Employment 62,609609,445206,30510,852 94,578

Buying Power $7.1B$41.7B$15.7B$1.3B $7.6B

5 Yr Growth 6.7%6.7%6.4%8.9% 7.0%

College Graduates 52.6%54.9%61.5%62.5% 65.7%

Household

Households 45,408330,349119,51710,435 54,344

5 Yr Growth 1.7%3.4%3.0%4.3% 3.1%

Median Household Income $157,366$126,308$131,489$127,348 $140,101

5 Yr Forecast $165,147$130,339$135,779$133,056 $145,308

Average Household Income $179,011$155,625$161,877$156,651 $167,992

5 Yr Forecast $183,860$158,718$164,923$161,316 $171,640

% High Income (>$75k) 75%70%70%68% 72%

Housing

Median Home Value $1,119,045$1,052,764$1,091,449$1,064,839 $1,100,797

Median Year Built 1968196919681976 1969

Owner / Renter Occupied 48% / 52%51% / 49%50% / 50%48% / 52% 51% / 49%

2/12/2020Copyrighted report licensed to Colliers International - 978909.

Page 5

Source: CoStar Realty Information, Inc.