3103 Alum Rock Ave, San Jose, CA 95127; Sold Retail Property; 2/8 in Santa Clara County

3103 Alum Rock Ave, San Jose, CA 95127; Sold Retail Property; 2/8 in Santa Clara County


Sold Retail Property in Santa Clara County – 3103 Alum Rock Ave,

San Jose, CA 95127 2/8

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3103 Alum Rock Ave, San Jose, CA 95127

Sale Information

Sale Status: Sold
Sale Date: 05/11/2012
Sale Price: $1,050,000 ($265.08/SF)
Cap Rate: 8.55% (At Time Of Sale)
Listing Price: $1,195,000
Estimated days on LoopNet Marketplace: 203

Property Details

Property Type: Retail
Property Sub-type: Strip Center
Building Size: 3,961 SF
Lot Size: 0.12 Acres
APN / Parcel ID: 601-10-100

Property Description
3,961 SF strip center.

Parties to Transaction
Seller:
HIRAHARA FAMILY LP

 

Buyer:
HUANG, WAN
5848 Country Club Pkwy San Jose, CA
Broker:
Marcus & Millichap
Steve Sauter
Sale Comments
Buyer secured private financing.
Financing Comments
Sale involved mortgage financing. Lender identified as CHIU FAMILY TRUST (RT).