4060 S El Camino Real - Freestanding FOR SALE


San Mateo, CA 94403- Sugarloaf
$9,000,000 USD
408-282-8504
4060 S El Camino Real, San Mateo, CA for Sale
$9,000,000 USD
Freestanding - FOR SALE
1/5
null | 5.14% Cap Rate

4060 S El Camino Real
San Mateo, CA 94403
Sugarloaf


OVERVIEW

INVESTMENT SUMMARY: • SALE PRICE: $9,000,000 • NET OPERATING INCOME: $462,918 (*)(**) • CAP RATE: 5.14% • TOTAL BUILDING SIZE: ±13,639 SF • TOTAL LAND AREA: ±1.01 Acres ( ±44,008 SF) • OCCUPANCY: Stable Occupancy History; 100% Leased to Five (5) Tenants • ANCHOR: Walgreens (***) (*) Includes new lease with Domino’s Pizza for Suite D. Rent commences upon earlier of August 16, 2026, or open for business. (**) Includes Sola Salon’s rent increase scheduled for August 1, 2026. (***) Walgreens is owned separately and not a part of the sale. HIGHLIGHTS: • Exceptional Demographics: There are over 160,000 residents within a 3-mile radius, and over 214,000 residents within a 10 minute drive, with the median household income within a 1-mile radius of approximately $161,000. • High Traffic Count: S. El Camino Real/42nd Avenue: 24.4K S. El Camino Real/36th Avenue: 37.7K • Visibility: Over 114’ feet of visibility along El Camino Real • Zoning: C3-1/R4 which allow for both Regional/Community Commercial uses as well as High Density Residential uses. (Buyer has opportunity to pursue redevelopment if owner of the Walgreens parcel agrees to terminate Reciprocal Easement Agreement which is for the common areas including parking lot and driveways.) • General Plan: Mixed Use-Medium I, which is intended to support buildings 3-5 stories in height, up to 36-50 dwelling units per acre. • Parking: ±4.25/1,000 SF; • Year Built: 1990; • Accessibility: 1 Mile to Hillsdale Caltrain Station, and 1.3 Miles to Belmont Caltrain Station • Highway 101 Proximity & Access; • APN: 042-241-180

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

5.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Plaza Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C3-1/R4, San Mateo

APN/PARCEL ID

042-241-180

ASK ABOUT THIS PROPERTY

Pat CisnerosRitchie CommercialMore Info
408-282-8504

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Pat CisnerosRitchie CommercialMore Info
408-282-8504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.