Prado Group Acquires Medical Facility In San Francisco From Sutter Health For $50M
SOLD
$50,000,000
California
See Similar DealsSold 12/13/2022
SOLD
Prado Group Acquires Medical Facility In San Francisco From Sutter Health For $50M
3700 California Street, San Francisco, California 94118, United States
See Similar DealsSold 12/13/2022
Summary
CALIFORNIA
Transaction Type:Sale
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.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,666,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$177,639.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$237,025.51
Annual Debt Service$2,844,306.11
Is there something missing? Send suggestions