Updated Dec 21, 2023
Mary Wong Acquires Office Property In Cupertino, CA For $13.85M
20045 Stevens Creek Boulevard, Cupertino, California 95014, United States
$13,850,000
$773/SF
Building Size
17,900 SF
Asset Type
Office
Closing
Dec 28, 2021
About this deal
AI
The office property located at 20045 Stevens Creek Blvd & 20065 Stevens Creek Blvd in Cupertino, CA has been sold. The transaction took place on December 29, 2021. The property spans across 17,900 square feet and was sold for a price of $13,850,000, resulting in a price per square foot of $773.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $13,850,000
- Square Footage: 17,900
- Price per Square Foot: $773
- Market: Cupertino, CA
Mary Wong acquired the property, while Linda F. Morasch served as the seller.
Players
Cupertino Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93