This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1621 El Camino Real

3,885 SF 100% Leased Retail Building Millbrae, CA 94030 $2,973,747 CAD ($765 CAD/SF) 3.06% Cap Rate

Investment Highlights

  • Prime Millbrae Investment Opportunity - 1621 El Camino Real is situated on a major thoroughfare in the heart of the San Mateo County peninsula.
  • 1621 El Camino Real boasts close proximity to countless high-end shopping, dining, and entertainment options as well as notable attractions.
  • The subject property is ideal for ownerusers, offering the potential for personal use with the benefit of additional rental income.
  • Convenient Access to Major Transportation Corridors - The subject property provides tenants with convenient access to major transportation corridors.

Executive Summary

1621 El Camino Real presents a rare opportunity for investors to acquire a stunning mixed-use asset located in the vibrant city of Millbrae, California.
Situated on a 3,305 square foot parcel of land, 1621 El Camino Real features approximately 3,885 square feet of interior space between the two stories. The first floor features two retail suites, each with approximately 1,280 square feet of net rentable area, while the second floor features a two-bedroom residential unit with an office nook consisting approximately 1,325 square feet of interior space. 1621 El Camino Real is strategically located on the Bay Area's peninsula between the major cities of San Francisco and San Jose.
1621 El Camino Real is strategically located on the Bay Area's peninsula between the major cities of San Francisco and San Jose. The subject property is located on the busy thoroughfare of El Camino Real among countless other high-end shopping, dining, and entertainment options. Several notable nearby attractions include Central Park, the Millbrae History Museum, and San Andreas Lake. The subject property also offers tenants convenient access to transportation corridors including US Highway 101, State Route 82, Interstate 280, the Millbrae Caltrain station, and San Francisco International Airport.
The investment appeal of this asset is driven by Millbrae's low vacancy factors. With a world-class location in the heart of the San Francisco Bay Area, 1621 El Camino Real presents an attractive choice for investors due to its proximity to major transportation corridors and employers.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,885 SF
Building Class
C
Year Built
1946
Price
$2,973,747 CAD
Price Per SF
$765 CAD
Cap Rate
3.06%
NOI
$90,997 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.18
Land Acres
0.08 AC
Zoning
CL00C1
Frontage
54 ft on El Camino Real
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tri Counties Bank
Bank of America
Citi
Starbucks
IHOP
F45
Peet's Coffee
Safeway
Trader Joe's
24 Hour Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
021-131-070
Land Assessment
$820,732 CAD
Improvements Assessment
$563,933 CAD
Total Assessment
$1,384,665 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
  • Listing ID: 34111276

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 1621 El Camino Real, Millbrae, CA 94030

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}