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2310 Telegraph Avenue

Retail Property At 2310 Telegraph Avenue Sold For $12.7 Million In Berkeley
SOLDRetail

Retail Property At 2310 Telegraph Avenue Sold For $12.7 Million In Berkeley

2310 Telegraph Avenue

$12,700,000

$1,022/SF

Building Size

12,419 SF

Asset Type

Retail

Closing

Mar 4, 2025

AI

This retail asset located at 2310 Telegraph Avenue in Berkeley has a total square footage of 12,419. It was sold for a price of $12,700,000, reflecting a price per square foot of $1,023.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,700,000
  • Address: 2310 Telegraph Avenue
  • Market: Berkeley
  • Square Footage: 12,419
  • Price per Square Foot: $1,023

Robert Johnston from The Levin Johnston Group - Marcus & Millichap represented the seller in this transaction, facilitating the sale of the property in Berkeley.

Players

Robert Johnston

Marcus & Millichap

Broker

$436.1M

vol

23 deals

Broker

Berkeley 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

1.25%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93