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1510 Oakland Road

Ample Investments Holdings LLC Acquires Retail Property In San Jose For $8.4M From Dollinger Properties
SOLDRetail

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

DP
Dollinger PropertiesSeller

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