Sterling Group Acquires Retail Property In San Francisco For $11M
39 Stockton Street, San Francisco, California 94108, United States
$11,000,000
$895/SF
Building Size
12,281 SF
Asset Type
Retail
Closing
Feb 23, 2022
AI
The retail property located at 39 Stockton Street in San Francisco has been sold in a transaction facilitated by Gary M. Tischler. The property spans 12,281 square feet and was sold for a price of $11,000,000, resulting in a price per square foot of $896.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,000,000
- Address: 39 Stockton Street, San Francisco
- Market: San Francisco
The buyer of the property was the Sterling Group, while the seller was the Vanbarton Group, with Gary M. Tischler representing the seller in the transaction.
Players
San Francisco 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93