Updated Dec 21, 2023
Jagbir Terkiana Acquires Office Building In San Jose For $3.8M
377 South Daniel Way, San Jose, California 95128, United States
$3,800,000
$395/SF
Building Size
9,612 SF
Asset Type
Office
Closing
Mar 24, 2022
About this deal
AI
The office building located at 377 S Daniel Way in San Jose, CA has been sold. The property spans 9,612 square feet and was sold for a price of $3,800,000, resulting in a price per square foot of $395.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $3,800,000
- Address: 377 S Daniel Way, San Jose, CA
- Market: San Jose, CA
- Buyer: Jagbir Terkiana
- Seller: Mary Quilici Aumack
- Size: 9,612 square feet
- Price per Square Foot: $395
Jagbir Terkiana represented the buyer in this transaction, while Mary Quilici Aumack represented the seller.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93