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570 El Camino Real Redwood City, CA 94063-1200

OFF-MARKET Super regional malls Google Maps
20,526 SF 0.72 ac lot Built 1995
Entity Owned 37-yr Hold Free & Clear
Estimated value (blended)
$4.35M
Range $3.92M – $4.79M (±10%)
Property ID US09-1772748

Property summary

AI-generated overview

This exceptional 1,584 square foot retail space is available for lease at 570 El Camino Real, Unit 160, Redwood City, CA 94062. Located in a desirable San Mateo County strip mall, this single-tenant space boasts high traffic counts and excellent visibility, making it ideal for a variety of businesses. The property is situated in a high-end shopping center with ample parking, ensuring convenient access for customers. The space is classified as Class B and is located on El Camino Real, near downtown Redwood City, offering unparalleled exposure to a large customer base. The monthly rent is $6,000, with additional monthly net operating expenses (NNN) of $1,475, totaling $7,475 per month. This presents a unique opportunity for businesses seeking a prime location to establish or expand their operations. The property is a single-story building with no elevators. The cross street is Hopkins Ave. This retail space offers unlimited potential for rapid business growth due to its exceptional location and high foot traffic. Don't miss this chance to secure a thriving retail presence in a highly sought-after area.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1995
Total area 20,526 SF
Lot 0.72 ac (31,337 SF)
Zoning code CH00CG
APN 052-181-250
UPID US09-1772748

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Dental Office
  • Dental Office
  • Telecommunications Service Tech Support Center
  • Event Planning Wedding Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.35M

Owner & transaction history

since 1988
1 recorded transaction
1988
$495,000

Zoning & alternative use

CH00CG · Redwood City, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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