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Geary Boulevard

Sarkis Daldumyan Of Oakridge Capital Advisors Inc Secures $3.105M SBA 504 Loan For Retail In San Francisco
FINANCEDRetail

Sarkis Daldumyan Of Oakridge Capital Advisors Inc Secures $3.105M SBA 504 Loan For Retail In San Francisco

Geary Boulevard

$3,105,000

$275/SF

Building Size

11,274 SF

Asset Type

Retail

Closing

Oct 21, 2024

AI

The property involved in the transaction is a retail asset located at 5321-5323 Geary Blvd. & 5327-5335 Geary Blvd., San Francisco, CA. The retail space encompasses a total square footage of 11,274. The loan amount for this acquisition is $3,105,000, with terms outlined as an SBA 504 loan.

Summary of transaction details:

The broker for this transaction, Sarkis Daldumyan, represents the interests involved in securing the loan for this acquisition. His association with Oakridge Capital Advisors Inc highlights the brokerage's role in facilitating this financial transaction for the retail property.

Players

Sarkis Daldumyan

Oakridge Capital Advisors

Broker

$32.7M

vol

7 deals

Broker

San Francisco Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.11%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93