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Prado Group Acquires Retail Property In Union Square, San Francisco For $26M

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SOLD
$26,000,000

California

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Retail11,200 SF
Sold 09/19/2022
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Property Image
SOLD

Prado Group Acquires Retail Property In Union Square, San Francisco For $26M

166 Grant Avenue, San Francisco, California 94108, United States

See Similar Deals
Retail11,200 SF
Sold 09/19/2022
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$2,321
Total Square Footage:11,200 SF
Transaction Type:Sale

The retail property located at 166 Grant Ave in Union Square, San Francisco has been sold for a total price of $26,000,000. The transaction took place on September 19, 2022. The property spans an area of 11,200 square feet, resulting in a price per square foot of $2,321. The buyer of the property is Prado Group, represented by Dan Safier, while the seller is 166 Grant LLC.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $26,000,000
  • Market: Union Square, San Francisco
  • Buyer: Prado Group - Dan Safier
  • Seller: 166 Grant LLC
  • Address: 166 Grant Ave
  • Square Footage: 11,200
  • Price per Square Foot: $2,321

Dan Safier, representing Prado Group, facilitated the purchase of the retail property located at 166 Grant Ave in Union Square. This closed transaction highlights the successful involvement of both buyers and sellers in the real estate market.

Players

4 deals$200M volume
BUYER

Details

SOLD
IMAGE: Dan Safier DATE: 09/19/2022 ADDRESS: 166 Grant Ave MARKET: Union Square, San Francisco ASSET TYPE: Retail BUYER: Prado Group - Dan Safier SELLER: 166 Grant LLC SALE PRICE: $26,000,000 SF: 11,200 ~ PPSF: $2,321

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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