Updated Oct 29, 2024
Pov & May Tov Family Foundation Acquires Retail Property In San Jose, CA For $11.6M
1210 Story Road, San Jose, California 95122, United States
$11,600,000
Building Size
—
Asset Type
Retail
Closing
May 12, 2022
About this deal
AI
The retail property located at 1210 Story Road in San Jose, CA has been sold. The sale was facilitated by Do Van Tron, a representative from Intelli. The transaction took place on 12/05/2022, and the property was purchased for $11,600,000 by the Pov & May Tov Family Foundation.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $11,600,000
- Address: 1210 Story Road, San Jose, CA
- Market: San Jose, CA
Do Van Tron, the representative from Intelli, played a crucial role in facilitating this sale. The Pov & May Tov Family Foundation emerged as the buyer for this retail property.
On the Map
$11,600,000
Retail
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Players
San Jose Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93