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55 East 4th Avenue

Albert & Laura Wong Lease Retail Space To ShaoYing Fu At 55 East 4th Avenue
LEASEDRetail

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:

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

Ron E. Cruz, CCIM

The Econic Company

Broker

$52.3M

vol

17 deals

Broker

Albert Wong

Landlord
Landlord

Laura Wong

Landlord
Landlord

ShaoYing Fu

Tenant
Tenant

San Mateo Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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