Updated Aug 15, 2026
SOLDCommercial
Keith Dudum Of Lafayette Land Company Acquires Commercial Property In Walnut Creek For $4.4M
1387 North Main Street
$4,400,000
$757/SF
Building Size
5,808 SF
Asset Type
Commercial
Closing
Oct 22, 2021
About this deal
AI
The property asset involved in the transaction is a commercial space located at 1387 North Main Street in Walnut Creek. The sale price was $4,400,000, with a total square footage of 5,808, resulting in a price per square foot of $757.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $4,400,000
- Buyer: Keith Dudum - Lafayette Land Company
- Seller: Marilea Larm
- Date of Transaction: 10/22/2021
The key individuals in this deal include Keith Dudum, representing Lafayette Land Company as the buyer, and Marilea Larm, the seller. This transaction reflects a significant commercial deal within the Walnut Creek market.
Players
Walnut Creek Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93