facebook
Traded Co logo
Submit

Pacific Retail Capital Sells Retail Property In San Jose To Do Van Tron For $24.8M

Property Image
SOLD
$24,800,000
Do Van Tron
SP

California

See Similar Deals
Retail260,100 SF
Sold 09/01/2022
the dealplayerscompscontact
Property Image
SOLD

Pacific Retail Capital Sells Retail Property In San Jose To Do Van Tron For $24.8M

2180 Eastridge Loop, San Jose, California 95122, United States

See Similar Deals
Retail260,100 SF
Sold 09/01/2022
Do Van Tron
SP
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$95
Total Square Footage:260,100 SF
Transaction Type:Sale

The retail property located at 2180 Eastridge Loop in San Jose has been sold in a recent transaction. The property, with an area of 260,100 square feet, was sold for a total of $24,800,000, resulting in a price per square foot of $95. The sale took place on 09/01/2022. The buyer in this transaction was Do Van Tron, while the seller was Pacific Retail Capital, represented by Steve Plenge.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $24,800,000
  • Address: 2180 Eastridge Loop, San Jose
  • Market: San Jose
  • Buyer: Do Van Tron
  • Seller: Pacific Retail Capital - Steve Plenge
  • Square Footage: 260,100
  • Price Per Square Foot: $95

Do Van Tron acted as the buyer in this transaction, acquiring the retail property at 2180 Eastridge Loop. Pacific Retail Capital, represented by Steve Plenge, served as the seller. The sale of this property involved a significant investment, further highlighting its value in the San Jose market.

Players

Do Van Tron
Do Van Tron
4 deals$45.2M volume
BUYER
SP
Steve Plenge
5 deals$482.2M volume
SELLER
SP
Steve Plenge
5 deals$482.2M volume
SELLER

Details

SOLD
IMAGE: Steve Plenge DATE: 09/01/2022 ADDRESS: 2180 Eastridge Loop MARKET: San Jose ASSET TYPE: Retail BUYER: Do Van Tron SELLER: Pacific Retail Capital (@PacificRetail) - Steve Plenge SALE PRICE: $24,800,000 SF: 260,100 ~ PPSF: $95

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,322,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$88,109.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$117,564.65
Annual Debt Service$1,410,775.83