$5.2M Loan Secured By RRA Capital For Life Sciences Asset In San Bruno
750 El Camino Real
$5,200,000
$188/SF
Building Size
27,556 SF
Asset Type
Life Sciences
Closing
Jun 14, 2022
AI
The asset involved in this transaction is a life sciences property located at 750 El Camino Real in San Bruno. The loan amount associated with this property is $5,200,000.00.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: $5,200,000.00
- Address: 750 El Camino Real
- Market: San Bruno
- Lender: RRA Capital
- Brokers: Alex Witt (JLL)
The transaction features broker representation by Alex Witt of JLL, functioning on behalf of the relevant parties to facilitate the agreement with lender RRA Capital.
Players
San Bruno Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93