Touchstone Commercial Partners Acquires Industrial Property In South Of Market, San Francisco For $7.25M
330 8th Street, South of Market, San Francisco, CA, USA
$7,250,000
$322/SF
Building Size
22,488 SF
Asset Type
Industrial
Closing
Mar 29, 2020
AI
An industrial property located at 330 8th Street in the South of Market neighborhood of San Francisco has been sold for $7,250,000. The property spans 22,488 square feet, resulting in a price per square foot of $322. The transaction took place on March 29, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,250,000
- Address: 330 8th Street, South of Market, San Francisco
- Market: South of Market, San Francisco
- Buyer's Representative: Zach Haupert, Michael Sanberg & Trevor Gudim - Touchstone Commercial Partners, Inc.
- Seller's Representative: Scott Mason - Calco Commercial Inc.
The buyer was represented by Zach Haupert, Michael Sanberg, and Trevor Gudim from Touchstone Commercial Partners, Inc. On the other hand, the seller was represented by Scott Mason from Calco Commercial Inc.
Players
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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93