Updated Dec 20, 2023
Neema Ahadian & Sean Nami Acquire Retail Property In San Leandro For $2.6M
1711 159th Avenue, San Leandro, CA, USA
$2,588,300
$1,052/SF
Building Size
2,460 SF
Asset Type
Retail
Closing
Jan 28, 2021
About this deal
AI
Newly listed on Instagram, a retail property in San Leandro has recently changed hands in a closed transaction. The property, located at 1711 159th Avenue, was sold on January 29, 2021.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $2,588,300
- Square Footage: 2,460
- Price per Square Foot: $1,052
- Market: San Leandro
Represented by Neema Ahadian from The Neema Group and Sean Nami, the deal was facilitated by these brokers.
With the property's key information and transaction details outlined, interested parties can gain insight into this retail asset in San Leandro. The sale price of $2,588,300 reflects a price per square foot of $1,052. The property's size measures 2,460 square feet. The transaction took place on January 29, 2021, and the property is located at 1711 159th Avenue in San Leandro.
Players
San Leandro 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
6.13%
Cash-on-Cash
-1.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93