Ample Investments Holdings LLC Acquires Retail Property In San Jose For $8.4M From Dollinger Properties
1510 Oakland Road
$8,400,000
$298/SF
Building Size
28,100 SF
Asset Type
Retail
Closing
Mar 4, 2025
AI
A 28,100-sf retail property located at 1510 Oakland Road in San Jose has been sold for $8,400,000. This asset was marketed by CBRE and is fully leased to six tenants, including a window installer, tofu shop, and shoe store.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,400,000
- Sale Date: 03/04/2025
- Buyer: Ample Investments Holdings LLC
- Seller: Michael I. Dollinger, David B. Dollinger & Barrie Dollinger Mengarelli - Dollinger Properties
- Price per Square Foot: $299
- Market: San Jose
This transaction involved Ample Investments Holdings LLC as the buyer and Dollinger Properties as the seller, indicating a significant shift in ownership since the property was acquired by the seller nearly $4 million more in 2018.
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93