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39 Stockton Street, San Fra...

Sterling Group Acquires Retail Property In San Francisco For $11M
SOLDRetail

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

Vanbarton Group
Vanbarton GroupBrokerage

Gary M. Tischler

Vanbarton Group

Seller

$777.1M

vol

7 deals

Seller

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