Updated Dec 21, 2023
Suzie Thigpen Acquires Retail Property On Rogers Ave In San Jose For $6.98M
1623 Rogers Avenue, San Jose, California 95112, United States
$6,985,000
$218/SF
Building Size
31,920 SF
Asset Type
Retail
Closing
Jan 11, 2022
About this deal
AI
The retail property located at 1623 Rogers Ave in San Jose, CA has been sold in a recent transaction for a price of $6,985,000. The property spans a total area of 31,920 square feet, resulting in a price per square foot of $218.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,985,000
- SF: 31,920
- PPSF: $218
The buyer of the property is Suzie Thigpen, while the seller is Maritza Sanderson.
The retail sale at 1623 Rogers Avenue, San Jose, California 95112, United States in San Jose, California sold for $7M in 2022. The building is 31,920 square feet, implying about 218 per square foot on the published price. Named participants on the 1623 Rogers Avenue, San Jose, California 95112, United States sale are Maritza Sanderson, Suzie Thigpen. This page is the San Jose, California file for the 1623 Rogers Avenue, San Jose, California 95112, United States retail sold: pricing, party profiles, and other closed retail comps from the same San Jose sit in the Market section below. Filter that San Jose retail set by closing date to see what else sold near 1623 Rogers Avenue, San Jose, California 95112, United States around 2022. Published consideration for 1623 Rogers Avenue, San Jose, California 95112, United States is $7M, dated 2022. Cite this Suzie Thigpen Acquires Retail Property On Rogers Ave In San Jose For $6.98M sale when underwriting similar retail product around San Jose, California.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93