Single-Tenant Retail or
1464 El Camino Real Belmont, CA 94002
For Sale
Contact for pricing
Leased storefront offers single-tenant retail or office space on a month-to-month arrangement.
Property Size6,100 SF
Price / SF$409.84
Days on Market973
Property Features for 1464 El Camino Real
General Information
Standard status
Active
Size
6,100 SF
Property subtype
RETAIL
Listing Agency:
Sperry Commercial | AIM Commercial Real Estate
(415) 517-7511
Listed By:
David A. Collantes · License #01095633
(415) 517-7511
Source:
Moodyscre
Added: Nov 29, 2023
Changed: Jul 28
Last Checked: Jul 29 at 3:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial | AIM Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a single-tenant retail storefront property that is currently occupied under a month-to-month lease. The asset is positioned for either a leased investment with potential upside or an owner-user opportunity, with redevelopment potential noted in the current offering materials. The property totals 6,100 square feet.
The site is located at 1464 El Camino Real in Belmont, CA 94002. The offering also references high average daily traffic counts and high income demographics in the surrounding area.
As presented, the property supports a retail or office use configuration, with the current tenancy remaining in place on a month-to-month basis.
The site is located at 1464 El Camino Real in Belmont, CA 94002. The offering also references high average daily traffic counts and high income demographics in the surrounding area.
As presented, the property supports a retail or office use configuration, with the current tenancy remaining in place on a month-to-month basis.
Key Highlights
- Leased single‑tenant retail or office storefront available for sale or lease
- Tenant is on a month‑to‑month lease
- High average daily traffic counts
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $233.5k | $38.28 |
| − Vacancy | −$11.0k | −$1.80 |
| EGI | $222.5k | $36.48 |
| − OpEx | −$66.8k | −$10.94 |
| NOI | $155.8k | $25.54 |
6,100 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.23M
$1.95M – $2.60M
NOI $155,773 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.85M
$4.24M – $5.65M
NOI $339,171 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Petal and Ivy Rentals — 951 Old County Rd Ste 2 #346, Belmont, CA 94002
- San Carlos Florist Plants Florist in San Carlos, California — san carlos, ca 94070
- San Carlos Florist Plants — san carlos, ca 94070
- Tableart — 110 Glenn Way #20, San Carlos, CA 94070
Frequently Asked Questions
What type of property is this?
Storefront property - Leased storefront offers single-tenant retail or office space on a month-to-month arrangement.
Where is this storefront property located?
The property is located at 1464 El Camino Real Belmont, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Leased single‑tenant retail or office storefront available for sale or lease; Tenant is on a month‑to‑month lease; High average daily traffic counts