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2100 Webster Street, San Fr...

Pan-Med Enterprises Acquires $44.5M Medical Office In San Francisco
SOLD

Pan-Med Enterprises Acquires $44.5M Medical Office In San Francisco

2100 Webster Street, San Francisco, California 94115, United States

$44,500,000

$337/SF

Building Size

132,000 SF

Asset Type

Closing

Sep 22, 2022

AI

A medical office located at 2100 Webster St in San Francisco was sold in a transaction on September 23, 2022. The property spans approximately 132,000 square feet and was purchased by Pan-Med Enterprises for a total price of $44,500,000. The price per square foot came out to $337.

Summary of transaction details

The deal was facilitated by CBRE, with brokers Mike Taquino, Kyle Kovac, Alec Haley, and Giancarlo Sangiacomo representing the buyer, Pan-Med Enterprises. The mortgage was arranged by CBRE's Mike Walker and Brad Zampa.

Players

Bradford Zampa

CBRE

Broker

$2.1B

vol

20 deals

Broker

San Francisco CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93