Prologis Acquires Santa Clara Retail Property For $310 Million
4701 Great America Parkway, Santa Clara, California 95054, United States
$310,000,000
Building Size
—
Asset Type
Retail
Closing
Jun 27, 2022
AI
The property involved in this transaction is located at 4701 Great America Pkwy in Santa Clara. It is a retail asset covering an area of 112.0 acres. The sale took place on 06/28/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $310,000,000
- Address: 4701 Great America Pkwy
- Market: Santa Clara
- Acres: 112.0
The buyer in this transaction is Prologis, represented by Hamid Moghadam. The seller is Cedar Fair, represented by Richard A. Zimmerman.
Players
Santa Clara 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
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93