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960 San Antonio Rd, Palo Al...

Updated Dec 20, 2023

Brian Kuehnis Buys Office In Palo Alto For $13.9M
SOLDOffice

Brian Kuehnis Buys Office In Palo Alto For $13.9M

960 San Antonio Rd, Palo Alto, CA 94303, USA

$13,896,000

$116/SF

Building Size

119,700 SF

Asset Type

Office

Closing

Jul 6, 2020

About this deal

AI

The office property located at 960 San Antonio Rd in Palo Alto has been sold in a recent transaction. The property spans a total area of 11,970 square feet and was sold at a price of $13,896,000. This translates to a price per square foot of $1,161.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $13,896,000
  • Address: 960 San Antonio Rd, Palo Alto
  • Market: Palo Alto
  • Square Footage: 11,970
  • Price per Square Foot: $1,161

The buyer in this transaction is Brian Kuehnis, while the seller is Greg Pickett & Brett Taylor.

Players

Palo Alto Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $116 per square foot on a published $13.9M for 119,700 square feet (2020).

Browse California office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.14%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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