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47100 Bayside Parkway, Frem...

Updated Oct 28, 2024

Cannae Partners & Blue Vista Capital Management Acquire Mixed-Use Property In Fremont For $16.55M
SOLDMixed-use

Cannae Partners & Blue Vista Capital Management Acquire Mixed-Use Property In Fremont For $16.55M

47100 Bayside Parkway, Fremont, CA 94538, USA

$16,550,000

$269/SF

Building Size

61,454 SF

Asset Type

Mixed-use

Closing

Sep 1, 2021

About this deal

AI

Located at 47100 Bayside Pkwy in Fremont, this mixed-use property was recently sold for a total of $16,550,000. The transaction took place on September 1, 2021. The property spans over 61,454 square feet, resulting in a price per square foot of $269.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $16,550,000
  • Address: 47100 Bayside Pkwy, Fremont
  • Market: Fremont
  • Buyer: Cannae Partners & Blue Vista Capital Management
  • Seller: Osprey Capital LLC
  • Brokers: Kurt Heinrich & Chris Shaffer - Newmark

The buyer of this property was Cannae Partners and Blue Vista Capital Management, while the seller was Osprey Capital LLC. The transaction was facilitated by Kurt Heinrich and Chris Shaffer of Newmark, who represented the respective parties involved in the deal.

Players

Chris Shaffer

Newmark

Broker

$190.1M

vol

2 deals

Broker
Blue Vista Capital Management
Blue Vista Capital ManagementBuyer

Fremont Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $269 per square foot on a published $16.6M for 61,454 square feet (2021).

Visit Chris Shaffer to view all their deals.

Browse California mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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