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2080 El Camino Real, Palo A...

Updated Dec 19, 2023

Tyson F Mao Acquires Retail Property In Palo Alto, CA For $7.5M
SOLDRetail

Tyson F Mao Acquires Retail Property In Palo Alto, CA For $7.5M

2080 El Camino Real, Palo Alto, California 94306, United States

$7,500,000

$1,027/SF

Building Size

7,300 SF

Asset Type

Retail

Closing

Apr 11, 2022

About this deal

AI

Located at 2080 El Camino Real in Palo Alto, CA, this retail property was recently sold in a closed transaction. The property spans a total of 7,300 square feet and was sold at a price of $7,500,000, resulting in a price per square foot of $1,027.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $7,500,000
  • Square Footage: 7,300
  • Address: 2080 El Camino Real, Palo Alto, CA
  • Market: Palo Alto, CA

The buyer in this transaction is Tyson F Mao, while the seller is Tracy L May. It is worth noting that no other additional information was provided about this deal.

Players

Palo Alto Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1K per square foot on a published $7.5M for 7,300 square feet (2022).

Browse California retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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