Updated Dec 21, 2023
Albany Showroom Sells For $403.15M On San Pablo Ave, CA
929 San Pablo Ave, Albany, California, USA
$403,150,000
$26,876/SF
Building Size
15,000 SF
Asset Type
Retail
Closing
Nov 17, 2021
About this deal
AI
The showroom property located at 929 San Pablo Ave in Albany, CA has been sold. The transaction took place on November 18, 2021.
Summary of transaction details
- Property Type: Showroom
- Transaction Amount: $403,150,000
- Square Footage: 15,000
- Price per Square Foot: $26,877
- Market: Albany, CA
The sale of the showroom at 929 San Pablo Ave marks a significant deal in Albany's real estate market. The property, with a total area of 15,000 square feet, was sold for a total amount of $403,150,000. This translates to a price per square foot of $26,877.
Players
Albany 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
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93