2727 S El Camino Real, San Mateo, CA 94403; Sold Retail Property; 6/10 in Santa Mateo County

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

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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
Seller:
KERA MALL LLC

 

Buyer:
, YEUNG SAULUN & SHERRY TRUST
Financing Comments
Lender identified as SYMETRA LIFE INS CO.