Updated Oct 29, 2024
Prado Group Acquires Medical Facility In San Francisco From Sutter Health For $50M
3700 California Street, San Francisco, California 94118, United States
$50,000,000
Building Size
—
Asset Type
—
Closing
Dec 13, 2022
About this deal
AI
The sale of a medical facility located at 3700 California Street in San Francisco has been completed. The property spans across approximately 5 acres.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $50,000,000 (Approx)
- Date: 12/13/2022
- Market: San Francisco
- Buyer: Prado Group - Dan Safier
- Seller: Sutter Health
- Brokers: Mike Taquino & Kyle Kovac - CBRE
The buyer in this transaction is the Prado Group, represented by Dan Safier. The seller is Sutter Health. The brokers involved in the deal are Mike Taquino and Kyle Kovac from CBRE.
On the Map
$50,000,000
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Players
San Francisco CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93