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1711 159th Avenue, San Lean...

Updated Dec 20, 2023

Neema Ahadian & Sean Nami Acquire Retail Property In San Leandro For $2.6M
SOLDRetail

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

Neema Ahadian

Marcus & Millichap

Broker

$733M

vol

79 deals

Broker

San Leandro Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $2.6M for 2,460 square feet (2021).

Visit Sean Nami to view all their deals.

Browse California retail sales on Traded.

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

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