Don Tepman Purchases Retail Property At 2540-2550 San Ramon Valley Boulevard For $9M With JLL Brokers
2540 San Ramon Valley Boulevard
$9,000,000
Building Size
—
Asset Type
Retail
Closing
Oct 15, 2024
AI
A retail property located at 2540-2550 San Ramon Valley Boulevard in San Ramon has been sold for $9 million. The transaction involved a retail asset characterized by its specific location and market value.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,000,000
- Address: 2540-2550 San Ramon Valley Boulevard
- Market: San Ramon
- Buyer: Don Tepman
- Broker Representatives: Ben Lazzareschi, Eric Kathrein, and Warren McClean - JLL
The property transaction was facilitated by Ben Lazzareschi, Eric Kathrein, and Warren McClean from JLL, who played a significant role as brokers in the deal. Their involvement highlights the expertise and collaborative effort in successfully completing this retail property sale.
Players
San Ramon Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93