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118 North Santa Cruz Avenue...

Updated Dec 18, 2023

Steve Keihner Acquires Retail Property In Los Gatos, CA From Diane E Stuart For $5.1M
SOLDRetail

Steve Keihner Acquires Retail Property In Los Gatos, CA From Diane E Stuart For $5.1M

118 North Santa Cruz Avenue, Los Gatos, California 95030, United States

$5,100,000

$908/SF

Building Size

5,615 SF

Asset Type

Retail

Closing

Dec 28, 2021

About this deal

AI

Located in Los Gatos, CA, the retail property at 118 N Santa Cruz Ave has been sold in a recent transaction. The sale took place on December 29, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,100,000
  • Address: 118 N Santa Cruz Ave, Los Gatos, CA
  • Square Footage: 5,615
  • Price per Square Foot: $908

The buyer of the property is Steve Keihner, while the seller is Diane E Stuart.

The retail sale at 118 North Santa Cruz Avenue, Los Gatos, California 95030, United States in Los Gatos, California sold for $5.1M in 2021. The building is 5,615 square feet, implying about 908 per square foot on the published price. This page is the Los Gatos, California file for the 118 North Santa Cruz Avenue, Los Gatos, California 95030, United States retail sold: pricing, party profiles, and other closed retail comps from the same Los Gatos sit in the Market section below. Filter that Los Gatos retail set by closing date to see what else sold near 118 North Santa Cruz Avenue, Los Gatos, California 95030, United States around 2021. Published consideration for 118 North Santa Cruz Avenue, Los Gatos, California 95030, United States is $5.1M, dated 2021. Cite this Steve Keihner Acquires Retail Property In Los Gatos, CA From Diane E Stuart For $5.1M sale when underwriting similar retail product around Los Gatos, California.

Players

Los Gatos Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $908 per square foot on a published $5.1M for 5,615 square feet (2021).

Browse California retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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