Updated Dec 21, 2023
Jun Suk Park Acquires Retail Property On Mckee Rd In San Jose, CA For $6.35M
3065 Mckee Road, San Jose, California 95127, United States
$6,350,000
$273/SF
Building Size
23,200 SF
Asset Type
Retail
Closing
May 19, 2022
About this deal
AI
The retail property located at 3065 Mckee Rd in San Jose, CA has been sold. The transaction took place on 05/20/2022. The property has a total square footage of 23,200 and was sold for a price of $6,350,000, resulting in a price per square foot of $273.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,350,000
- SF: 23,200
- PPSF: $273
The buyer of the property is Jun Suk Park, while the seller is Nicholas C. Fantl.
The retail sale at 3065 Mckee Road, San Jose, California 95127, United States in San Jose, California sold for $6.4M in 2022. The building is 23,200 square feet, implying about 273 per square foot on the published price. This page is the San Jose, California file for the 3065 Mckee Road, San Jose, California 95127, United States retail sold: pricing, party profiles, and other closed retail comps from the same San Jose sit in the Market section below. Filter that San Jose retail set by closing date to see what else sold near 3065 Mckee Road, San Jose, California 95127, United States around 2022. Published consideration for 3065 Mckee Road, San Jose, California 95127, United States is $6.4M, dated 2022. Cite this Jun Suk Park Acquires Retail Property On Mckee Rd In San Jose, CA For $6.35M sale when underwriting similar retail product around San Jose, California.
Players
San Jose 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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93