El Camino Shops
Affluent South SF | Retail + Redevelopment Upside | RH-180 Zoning | Covered Land Play
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire a single story freestanding three tenant retail center located at 551 - 553 El Camino Real, South San Francisco, CA.
Located at 551 El Camino Real in South San Francisco, the property sits along one of the city’s primary commercial corridors with strong daily traffic and excellent visibility. El Camino Real is a major thoroughfare connecting several cities along the Peninsula, providing convenient access to nearby residential neighborhoods, retail centers, and employment hubs.
The site is positioned within a well-established retail and service corridor surrounded by a mix of national and local businesses, dining options, and neighborhood services. Its central location provides easy access to surrounding communities throughout northern San Mateo County, and is just minutes from major transportation routes including U.S. Route 101 and Interstate 280.
Additionally, the area is supported by nearby schools, residential neighborhoods, and office developments, contributing to consistent daily activity and a strong local customer base. The surrounding population and commuter traffic make this corridor a highly active commercial area within the Peninsula region.
Investment highlights
- 100% leased three tenant retail strip center with restaurants and insurance company
- Busy El Camino Real South San Francisco location between Country Club Drive and Ponderosa Rd with traffic counts in excess of 33,150 VPD
- Drive-Thru: Royal Pin Donuts features an operable, covered drive-thru lane.
- Redevelopment Potential - The RH-180, high density residential zoning at 551 El Camino Real enables a “covered land play,” where current operational income offsets holding costs while awaiting high-density, transit-oriented redevelopment. This allows the owner to maintain steady cash flow until market conditions align for a more intensive residential or commercial project.
- Strategically E-commerce resistant tenant mix
- Neighboring tenants include major national retailers such as Walgreens, McDonalds, Taco Bell, Dollar Tree, La-Z-Boy in the immediate area and Lowe’s, Staples, Cinemark Century Theaters, Barnes & Noble, Petco within a mile
- Average household income of $165,994 within 1 mile of the subject property
- Approximately 1 mile north of The Shops at Tanforan and the intersection of El Camino Real and Interstate 380
- South San Francisco is famously known as the “Birthplace of Biotechnology”, housing hundreds of biotech firms.
- Located approximately 7 minutes from San Francisco International Airport (SFO)
- Only 3 miles away from the large biotech campuses including Genentech’s 4.7 million square foot campus.
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