Updated Dec 21, 2023
Dilsher S. Dhoot M. D. Acquires Retail Property In Danville For $7.4M
312 Railroad Ave, Danville, CA, USA
$7,431,000
$326/SF
Building Size
22,774 SF
Asset Type
Retail
Closing
Feb 16, 2021
About this deal
AI
A retail property located at 312 Railroad Ave. in Danville has been sold. The property was purchased by Dilsher S. Dhoot M. D. for a price of $7,431,000. The property spans a total of 22,774 square feet, resulting in a price per square foot of $326. The transaction took place on February 17, 2021.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $7,431,000
- Address: 312 Railroad Ave.
- Market: Danville
- Buyer: Dilsher S. Dhoot M. D.
- Seller: Ronald M. Tate
- Size: 22,774 square feet
- Price per Square Foot: $326
The buyer, Dilsher S. Dhoot M. D., acquired the property from Ronald M. Tate in this transaction.
Players
Danville 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
2.13%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93