2727 S El Camino Real, San Mateo, CA 94403; Sold Retail Property; 6/10 in Santa Mateo County
Sold Retail Property in Santa Mateo County – 2727 S El Camino Real,
San Mateo, CA 94403 6/10
2727 S El Camino Real, San Mateo, CA 94403
Sale Information
Sale Status: Sold
Sale Date: 09/02/2010
Sale Price: $9,350,000 ($323.23/SF)
Cap Rate: 7.85% (At Time Of Sale)
Listing Price: $12,400,000
Estimated days on LoopNet Marketplace: 1163
Property Details
Property Type: Retail
Property Sub-type: Neighborhood Center
Building Size: 28,927 SF
Lot Size: 1.69 Acres
APN / Parcel ID: 039-351-220
Property Description
San Mateo Plaza is a neighborhood shopping center consisting of 28,927sf. 200′ of frontage on S. El Camino Real in San Mateo. Comments at time of listing: Occupied by regional and national retailers, anchored by Mattress Discounters, Provident Credit Union, Fitness 19 and Performance Bikes. 100% leased
Parties to Transaction | ||||
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Seller: |
KERA MALL LLC
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Buyer: |
, YEUNG SAULUN & SHERRY TRUST
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Financing Comments | ||||
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Lender identified as SYMETRA LIFE INS CO.
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