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660 San Antonio Road, Mount...

Crumbl Cookies Signs Lease For Retail Space On San Antonio Rd. In Silicon Valley
LEASEDRetail

Crumbl Cookies Signs Lease For Retail Space On San Antonio Rd. In Silicon Valley

660 San Antonio Road, Mountain View, California 94040, United States

Building Size

1,534 SF

Asset Type

Retail

Closing

Jun 26, 2022

AI

Alpha Investment & Property Management Company has leased a retail property located at 660 San Antonio Rd. in Silicon Valley. The property, with a total square footage of 1,534, was leased to Crumbl Cookies. The lease was facilitated by Ron E. Cruz & Sean O'Carroll of Newmark, representing Crumbl Cookies.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 06/27/2022
  • Address: 660 San Antonio Rd.
  • Market: Silicon Valley

Ron E. Cruz & Sean O'Carroll of Retail In The Bay, affiliated with Newmark, acted as the tenant's representative in the deal.

Players

Ron E. Cruz, CCIM

The Econic Company

Broker

$52.3M

vol

16 deals

Broker
CC
Crumbl CookiesTenant

Mountain View 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