Updated Dec 4, 2024
The Stubblebine Company Sells San Jose Office Property For $6.055M
2201 Qume Drive
$6,055,000
$94/SF
Building Size
63,958 SF
Asset Type
Office
Closing
May 13, 2024
About this deal
AI
The Stubblebine Company brokered the $6,055,000 sale of a 63,958-square-foot office property on 2.78 acres at 2201 Qume Drive in San Jose. The sale price translates to $95 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,055,000
- Address: 2201 Qume Drive
- Market: San Jose
- Asset Type: Office
- Acres: 2.78
David Stubblebine & James Stubblebine from The Stubblebine Company represented the parties involved in the sale of the office property at 2201 Qume Drive in San Jose.
On the Map
$6,055,000
$94/SF
Office
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Players
San Jose 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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93