Updated Oct 29, 2024
Terreno Realty Corporation Acquires Industrial Property On Starlite Street In San Francisco For $6.3M
179 Starlite St, South San Francisco, CA 94080, USA
$6,300,000
$286/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Jul 9, 2020
About this deal
AI
The industrial property located at 179 Starlite Street in San Francisco was recently sold for $6,300,000. The property spans 22,000 square feet and was sold at a price per square foot of $286. The transaction resulted in a capitalization rate of 4.7%.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $6,300,000
- Square Footage: 22,000
- Price Per Square Foot: $286
- Capitalization Rate: 4.7%
- Address: 179 Starlite Street, San Francisco
The buyer of the property was Terreno Realty Corporation, represented by W. Blake Baird.
South San Francisco Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93