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.
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