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750 El Camino Real

$5.2M Loan Secured By RRA Capital For Life Sciences Asset In San Bruno
FINANCEDLife Sciences

$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:

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

Alex Witt

JLL

Broker

$47.5M

vol

3 deals

Broker
RRA Capital
RRA CapitalLender
Miramar Capital
Miramar CapitalLandlord

San Bruno Life Sciences Market Snapshot

Boundary boundary · Life Sciences · Loan transactions

Loading comparables…

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