B12 Love Leases Retail Space At 1640-1760 S. Bascom Ave. In Silicon Valley
1640 S Bascom Ave, Campbell, California 95008, United States
Building Size
2,014 SF
Asset Type
Retail
Closing
Dec 15, 2021
AI
UBS Realty Investors and Hunter Properties have leased the retail property located at 1640-1760 S. Bascom Ave. in Silicon Valley to B12 Love. The tenant is represented by Max Sander of Kidder Mathews, while the landlord is represented by Ron E. Cruz, Matt Sweeney, and Sean O'Carroll of Retail In The Bay at Newmark.
Summary of transaction details
- Property Type: Retail
- Transaction Date: 12/16/2021
- Market: Silicon Valley
- Address: 1640-1760 S. Bascom Ave.
- Asking Rent: $72/ft.
- Square Footage: 2,014 SF
The retail property at 1640-1760 S. Bascom Ave. in Silicon Valley has been leased to B12 Love. Max Sander from Kidder Mathews represented the tenant, while Ron E. Cruz, Matt Sweeney, and Sean O'Carroll from Retail In The Bay at Newmark represented the landlord. The lease transaction took place on 12/16/2021, with an asking rent of $72/ft. and a total area of 2,014 square feet.
Players
Campbell Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93