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330 8th Street, South of Ma...

Touchstone Commercial Partners Acquires Industrial Property In South Of Market, San Francisco For $7.25M
SOLDIndustrial

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:

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

Zach Haupert

Broker

$33.8M

vol

3 deals

Broker

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