Updated Oct 28, 2024
One Medical Leases Retail Space At 390 West El Camino Real In Silicon Valley
390 East El Camino Real, Sunnyvale, California 94087, United States
Building Size
3,801 SF
Asset Type
Retail
Closing
Jan 5, 2022
About this deal
AI
The retail property located at 390 West El Camino Real in Silicon Valley has been leased in a transaction closed on 01/05/2022. The asset, spanning approximately 3,801 square feet, was leased by One Medical.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 390 West El Camino Real
- Market: Silicon Valley
Ron E. Cruz and Sean O'Carroll from Newmark represented One Medical as the tenant's representatives in the deal. Dixie Divine from Prime Commercial Inc. acted as the landlord's representative on behalf of The Irvine Company.
The asking rent for the leased property was $75 per square foot.
On the Map
Retail
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Players
Sunnyvale Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93