facebook
Traded Co logo
Submit

Mike Atkar Acquires Retail Property On Capitol Avenue In Fremont For $12.575M

Property Image
SOLD
$12,575,000

California

See Similar Deals
Retail21,073 SF
Sold 11/15/2024
the dealplayerscompscontact
Property Image
SOLD

Mike Atkar Acquires Retail Property On Capitol Avenue In Fremont For $12.575M

Capitol Avenue

See Similar Deals
Retail21,073 SF
Sold 11/15/2024
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$596
Total Square Footage:21,073 SF
Transaction Type:Sale

The asset involved in this transaction is a retail property located at 3658 & 3768 Capitol Avenue in Fremont, CA. The sale price of the property was $12,575,000, with a total square footage of 21,073 and a price per square foot of $596.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,575,000
  • Square Footage: 21,073
  • Price Per Square Foot: $596
  • Buyer: Mike Atkar
  • Seller: Chris DeHaan
  • Broker: Mike Priolo - SVN | Capital West Partners
  • Transaction Date: 11/15/2024

The individuals involved in this transaction include Mike Atkar as the buyer and Chris DeHaan as the seller. The transaction was facilitated by broker Mike Priolo, representing SVN | Capital West Partners, who played a crucial role in bringing both parties to an agreement.

Players

Mike Priolo
SVN
Mike Priolo
1 deal$12.6M volume(408) 439-8875
BROKER

Details

SOLD
IMAGE: Mike Priolo DATE: 11/15/2024 ADDRESS: 3658 & 3768 Capitol Avenue MARKET: Fremont, CA ASSET TYPE: Retail BUYER: Mike Atkar SELLER: Chris DeHaan BROKER: Mike Priolo (@CRE8urmpire) - SVN | Capital West Partners (@SVNCapWest) SALE PRICE: $12,575,000 SF: 21,073 ~ PPSF: $596

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$670,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$44,676.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,611.92
Annual Debt Service$715,342.99