Updated Oct 28, 2024
Teresa Ilagan Acquires Mountain View Retail Property From El Camino Village Inc For $13.5M
Mountain View, California, United States
$13,500,000
$479/SF
Building Size
28,150 SF
Asset Type
Retail
Closing
Dec 26, 2021
About this deal
AI
The retail property located at 2116 W El Camino Real, 2246 W El Camino Real, 2124 W El Camino Real, and 2100 W El Camino Real in Mountain View, CA has been sold. The transaction took place on December 27, 2021. The property, spanning 28,150 square feet, was sold for a total price of $13,500,000. This translates to a price per square foot of $479.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $13,500,000
- Square Footage: 28,150
- Price per Square Foot: $479
- Address: 2116 W El Camino Real, 2246 W El Camino Real, 2124 W El Camino Real, and 2100 W El Camino Real, Mountain View, CA
- Market: Mountain View, CA
Teresa Ilagan purchased the property from El Camino Village Inc.
Players
Mountain View Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93