This true mixed-use property—featuring a well-balanced combination of retail, office, and residential components—demonstrates strong resilience across all market cycles. Its diversified income stream not only enhances long-term financial stability but also insulates the asset from broader economic fluctuations. 122-1238 El Camino Real is strategically located in the heart of San Mateo, with prominent visibility along El Camino Real, the property holds strong appeal for a wide range of tenants. This is underscored by its current vacancy rate of 4%—a figure that stands significantly below they citywide average, further highlighting the strength and desirability of this asset.