Michael Chang And Josh Snyder Of SVN Represent Buyer In $20.25M Retail Sale In Rancho Cordova
10635 Folsom Boulevard
$20,250,000
$311/SF
Building Size
65,000 SF
Asset Type
Retail
Closing
Oct 9, 2025
AI
The asset involved in this transaction is a retail property located at 10635 Folsom Boulevard in Rancho Cordova. The sale was finalized for a total transaction amount of $20,250,000, with a square footage of 65,000, translating to a price per square foot of $311.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,250,000
- Address: 10635 Folsom Boulevard
- Market: Rancho Cordova
- Square Footage: 65,000
- Price Per Square Foot: $311
The transaction involved Michael Chang and Josh Snyder from SVN representing the buyer, while the seller was represented by Jeffrey Cicurel, Gleb Lvovich, and Eric Kathrein from JLL, highlighting the collaboration between multiple brokerage firms in this real estate deal.
Players
Rancho Cordova 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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93