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2050 Mckee Road, San Jose, ...

Updated Dec 19, 2023

Berkshire Hathaway HomeServices Sells Commercial Property In San Jose, CA For $46.2M
SOLDCommercial

Berkshire Hathaway HomeServices Sells Commercial Property In San Jose, CA For $46.2M

2050 Mckee Road, San Jose, California 95116, United States

$46,200,000

$451/SF

Building Size

102,268 SF

Asset Type

Commercial

Closing

Oct 10, 2022

About this deal

AI

The commercial property located at 2050 Mckee Rd in San Jose, CA has been sold in a transaction that took place on October 11, 2022. The property spans a total area of 102,268 square feet and was sold for a price of $46,200,000. This amounts to a price per square foot of $451.

Summary of transation details

  • Property Type: Commercial
  • Sale Price: $46,200,000
  • Square Footage: 102,268
  • Price Per Square Foot: $451
  • Address: 2050 Mckee Rd, San Jose, CA
  • Buyer: Nancy Dubonnet
  • Seller: Sarahann Shapiro

Nancy Dubonnet is the buyer of the property, while Sarahann Shapiro acted as the seller. The successful transaction highlights their involvement in the deal.

Players

Nancy Dubonnet

Buyer

$60.6M

vol

2 deals

Buyer

Sarahann Shapiro

Seller

$60.6M

vol

2 deals

Seller

San Jose Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Deal FAQ

About $451 per square foot on a published $46.2M for 102,268 square feet (2022).

Visit Sarahann Shapiro to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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