Updated Dec 21, 2023
Thang N Do & Chunhong Liu Acquire Retail Property In San Jose For $5.6M
60 Stockton Avenue, San Jose, California 95126, United States
$5,600,000
$430/SF
Building Size
13,000 SF
Asset Type
Retail
Closing
Apr 21, 2022
About this deal
AI
The retail property located at 60 Stockton Ave in San Jose, CA has been sold in a transaction that closed on 04/22/2022. The property spans an area of approximately 13,000 square feet and was sold for a total price of $5,600,000, resulting in a price per square foot of $430.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $5,600,000
- Address: 60 Stockton Ave, San Jose, CA
- Market: San Jose, CA
The buyers of the property were Thang N Do & Chunhong Liu, while the sellers were Lien Nguyen & Vinh Ngoc Phan.
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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93