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1555 Burke Avenue

Updated Apr 3, 2025

Tyler Mattox Jason Neiger Michael Mullahey Acquire Industrial Asset In San Francisco For $10.84M
SOLDIndustrial

Tyler Mattox Jason Neiger Michael Mullahey Acquire Industrial Asset In San Francisco For $10.84M

1555 Burke Avenue

$10,840,000

$271/SF

Building Size

40,000 SF

Asset Type

Industrial

Closing

Feb 13, 2025

About this deal

AI

The industrial asset located at 1555 Burke Avenue in the San Francisco market was involved in a sale transaction. The sale price for the property was $10,840,000, and it encompasses a total area of 40,000 square feet, resulting in a price per square foot of $271.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,840,000
  • Address: 1555 Burke Avenue
  • Market: San Francisco
  • Square Footage: 40,000
  • Price Per Square Foot: $271
  • Buyer: Tyler Mattox, Jason Neiger & Michael Mullahey - MCA Realty
  • Seller: Salvarezza Family
  • Broker: Karl Hansen - CBRE

The deal featured notable individuals including buyers Tyler Mattox, Jason Neiger, and Michael Mullahey from MCA Realty, collectively representing the interests of the buyer in this transaction. The seller was represented by the Salvarezza Family, and the brokerage services were provided by Karl Hansen from CBRE.

On the Map

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$10,840,000

$271/SF

Industrial

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Players

Karl Hansen

CBRE

Broker

$10.8M

vol

1 deal

Broker

Tyler Mattox

MCA Realty

Buyer

$109.5M

vol

8 deals

Buyer
MCA Realty
MCA RealtyBuyer
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San Francisco Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $271 per square foot on a published $10.8M for 40,000 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.46%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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