Albert & Laura Wong Lease Retail Space To ShaoYing Fu At 55 East 4th Avenue
55 East 4th Avenue
$54
$54/SF
Building Size
1,250 SF
Asset Type
Retail
Closing
Jul 8, 2026
AI
The property asset is a retail space located at 55 East 4th Avenue in the San Mateo market, encompassing a total square footage of 1,250. The asking rent for this retail lease is set at $54 per square foot, under a NNN Lease type.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $54/ft
- Square Footage: 1,250
- Address: 55 East 4th Avenue
- Market: San Mateo
- Landlord: Albert & Laura Wong
- Tenant: ShaoYing Fu
- Landlord's Representatives: Ron E. Cruz, CCIM - The Econic Company; Rouan Chen - Grand Realty Group
The deal involved Albert & Laura Wong as the landlords and ShaoYing Fu as the tenant, with the landlords represented by Ron E. Cruz, CCIM from The Econic Company and Rouan Chen from Grand Realty Group, ensuring expert representation throughout the leasing process.
Players
San Mateo 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
293759.26%
Cash-on-Cash
-83957.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93