Updated Dec 21, 2023
Michael Krueger Acquires Store On Hartz Ave In Danville, CA For $9.2M
600 Hartz Avenue, Danville, California 94526, United States
$9,200,000
$1,201/SF
Building Size
7,660 SF
Asset Type
Retail
Closing
May 17, 2022
About this deal
AI
The property at 600 Hartz Ave in Danville, CA has been sold. The store, with a total area of 7,660 square feet, was purchased by Michael Krueger from Minoo P Hedjran, Faziolah M Poursohi, and Fariba Poursohi. The transaction took place on May 18, 2022, for a price of $9,200,000, resulting in a price per square foot of $1,201.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $9,200,000
- Address: 600 Hartz Ave, Danville, CA
- Buyer: Michael Krueger
- Seller: Minoo P Hedjran, Faziolah M Poursohi & Fariba Poursohi
- Square Footage: 7,660
- Price per Square Foot: $1,201
Michael Krueger was represented by their broker in this deal.
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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93