Updated Dec 21, 2023
Richard O'Toole Acquires Retail Property In Cupertino, CA For $23.4M
21255 Stevens Creek Boulevard, Cupertino, California 95014, United States
$23,386,500
$328/SF
Building Size
71,135 SF
Asset Type
Retail
Closing
Jan 4, 2022
About this deal
AI
The retail property located at 21255 Stevens Creek Blvd in Cupertino, CA was sold in a transaction on January 5, 2022. The property spans 71,135 square feet and was sold at a price of $23,386,500, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $23,386,500
- Address: 21255 Stevens Creek Blvd, Cupertino, CA
- Market: Cupertino, CA
- Buyer: Richard O'Toole
- Seller: Kenneth Tersini
- Square Footage: 71,135
- Price per Square Foot: $328
Richard O'Toole purchased the retail property from Kenneth Tersini in this transaction. The sale of this property highlights the ongoing investments being made in the retail market in Cupertino, CA.
Players
Cupertino Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.68%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93